The US dollar is backed by Americans. A bit coin is backed by who? | Hacker News

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jebblue on April 30, 2014 | parent | context | favorite | on: Announcing the MIT Bitcoin Project

The US dollar is backed by Americans. A bit coin is backed by who?

vbuterin on April 30, 2014 | [–]

Bitcoin users. Which is a larger population than that of many countries that have national currencies.

tshaddox on April 30, 2014 | | [–]

The phrase "backed by Americans" is very hand-wavy.

BrokenPipe on April 30, 2014 | | [–]

Earthians, gaians, world citizens ;)

Including me.

a3voices on April 30, 2014 | [–]

Humans with Internet access

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