I really think bitcoin will become exponentially more valuable than it is today.
However it has a lot more attention today, and as its userbase expands it will have a lot more people hoarding it. It may take a decade for the $1,000 mark, but it is imminent.
USD is base on Gold it suppose to have.
Today, like the currency of most nations, the dollar is fiat money,
unbacked by any physical asset. A holder of a federal reserve note has no right to demand an asset such as gold or silver from the government in exchange for a note. Bitcoin and USD thus has something in common; except note that bitcoin is very limited in supply, and the government doesn't hesitate to print USD that it doesn't have.
+1
USD doesn't have any backup. It used to have but not anymore. Central bankers changed the shit to their favour. They wanted to print money - they can now. And there is no gold backup. USA has currently the biggest debt in the history of our world.
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