By your incorrect interpretation, the electricity of Bitcoin is backing.

It is taking energy to store it. It does not have that value intrinsic to itself. Do you understand what it means to have an asset?

Btc has no value. None. There is a group of people that believe it has some value. The moment their belief is gone, it loses its value. The PTB control belief. That is how we got here. Do you honestly believe, that with all the money in the world, and millennia of practice at controlling belief that they couldn't crush belief in a worthless non-asset in a heartbeat if they wanted to?

Whoever dominates the meatspace owns the gold ultimately. Gold creates central banking.

I will sort of agree with this, but there is so much more to be said about it, and it makes a lot of false assumptions when stated as an absolute.

Having a single currency mandate (for taxes e.g.) is what controls the market in this negative manner and allowed banks to take hold. "Central" banking is meaningless. It is just the "all powerful" extension of Banking. It is Banking that is the problem (fractional reserve lending, a loan based economy, etc.). It is government that causes the market to fail by this "decree" aspect of money (the first part of your "fiat"). It is that which allows the hording of that currency, which is what causes all the problems. That means that only barter can work, and only real assets are meaningful in barter. I'm not trading my land for your unicorn farts.

So what's the solution? Lets say we put all stocks on their own crypto. How easy would it be to make trades? There would be no need for a short sale, nor a broker. Every single aspect of fuckery in the market would disappear instantly. You could even barter with them, thus stocks, tied to their own crypto, become a real currency, not mandated by the government, backed by a real asset (the company you are invested in itself).

You can also have a standard intermediary for barter (like silver, or gold, or whatever). It doesn't need to be the de facto currency, it just needs to be the standard against which all other things are measured. It just helps set the price, stabilizing the market. It needs to be a real asset though, because anything that is backed by faith will eventually fail. It has to be something with real tangible desire, extrinsic to its value as an intermediary of exchange for barter.

You should probably understand words before you use them, I made an observation and prescription.

I ask that you stop with this shit. It serves no purpose. I am well versed in this stuff. Me not believing what you believe doesn't mean I am ignorant of it.