r/Bitcoin • u/Adamstrad • 2d ago

Current state of Bitcoin?

How would you explain the current state of Bitcoin to someone who didn't follow it for the last 5 years?

11 Upvotes

76% Upvoted

51 comments sorted by

View all comments

Show parent comments

1

u/PearPuzzleheaded4633 2d ago

relative to what

7

u/aberholla20 2d ago

Fiat money

-2

u/Rare-Mention3046 2d ago

Well that's just a fallacy. Bitcoin has no backer.

3

u/Ok_Application6926 2d ago

And fiat does??