what is the USD backed by? nothing. Pointless argument.
lol such rubbish. Only a small minority use it for illicit purposes, everyone else uses it because it is a good store of value. Look in argentina, venezuela, iran, lebanon.... hyperinflation is happening everywhere and it will happen to every fiat currency on Earth. Do you expect them to be happy with losing all of their money as their currency becomes worthless? tell me an alternative then.
any country which bans btc, will be poor asf. Countries that don't ban it and embrace it will prosper. Either way, worst possible scenario, there will always be 1 country that embraces it.
JP morgan U turning on it, large hedge fund managers getting in, tesla etc... time to kill bitcoin was in 2013, now it is far too large and unstoppable. Most secure computer network on Earth.