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Well actually it's backed by energy and You can't cheat energy right that's why The the network is immutable no Transaction has ever been reversed or Needed to be reversed in that sense Because it is the truth Network that When you send something from here Globally around the world it will be Final settlement it's not credit it's Not anyone's liability it's not an IOU Which is completely different from the System we currently reside in and so I Think that's why this paradigm shift is So hard for so many people to understand Because we live in a system based on Credit where people issue money Including Banks money that does not Exist that wasn't deferred savings it's Just made out of thin air and devalues Everyone else's units or dollars or Whatever currency and Bitcoin is Fundamentally different it is no one's Liability it is tied to energy it is the Most powerful Computing Network in the World
