gold doesnt need to be backed by anything cause everyone has known for 6000+ years its valuable, even stupid rappers that make shit music.. it takes capitol,manpower,land and time to produce there for it could never go to zero unless 6 billion people get together and say hey, fuck gold i want bitcoins or paper dollars.   

yeah i get it, just wish i was able to get more.  buy the time i get paid next week they could be out of my price range as i buy 10 oz of silver bi-weekly.

because "i" or "we" have to trust that theyll have value based on people believing in the system. i get that they are hard to attain and have read both sides of the debate. i know its a revolutionary concept which i respect, an hope it works... im just on the fence atm.

 id like to get started, as i only have one but im concerned about the fast move to 29USD

i believe in the concept of bitcoin,just dont see how this could work on pure trust alone. i bought one BTC a week ago an there already over 26USD?! just wondering who else is apprehensive about this.

ive only got one as i dont have the money to buy, but all in all i do hope this works out to replace the digital FRN's