God help humanity.
Please.
It's brutal seeing so many people who share views like that guy. I was taught in elementary school that economies run on money and that their money has value because it's backed by something like gold that is worth alot.
Then fast forward 20+ years and I learn that the federal reserve doesn't even have to answer to the government. They tell people who it's going to be and do as they wish. A famous quote is that they're as federal as federal express.
But apparently there are people who have no idea, and probably think that we just have this huge gold reserve sitting somewhere that makes our USD worth something. Wrong.
I only bring this up because all of these buttcoin, bitcarrot spoof attempts all use this ideology that bitcoin isn't valid because it has nothing backing it. In america and around the world we've proved that all you need to back your money are lies and faith in a god that may or may not exist.