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As noted above, Bitcoin is not fiat currency. It can't be created on demand by any person or government.

• obi-nine 14y ago
  Strong cryptography
• oijaf888 14y ago
  What backs it?
  • pixie_ 14y ago
    Mathematics. Which makes it a lot harder to mess with - as opposed to government backed currencies. It's also harder to forge and easier to transfer than material currencies like gold.