Fiat currencies are backed by the GDP of the country and the...

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    Fiat currencies are backed by the GDP of the country and the economic health of the country.
    The worth of a currency is the gross domestic product of all the sources of revenue of that country.

    Bitcoin and crypto's are backed by what??
    They remind me a whole lot of the COMEX gold index. Backed by nothing and is only paper.
 
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