https://en.bitcoin.it/wiki/Myths#Bitcoin_is_backed_by_processing_power https://en.bitcoin.it/wiki/Myths#Bitcoin_is_backed_by_proces... What backs the US dollar

https://en.bitcoin.it/wiki/Myths#Bitcoin_is_backed_by_processing_power https://en.bitcoin.it/wiki/Myths#Bitcoin_is_backed_by_proces... What backs the US dollar? Sure, you've got FDIC insurance and all of that, but it isn't backed by anything in the sense that many people are thinking.