I don't agree. Its more of a market cap size thing, not a debt thing. Im sure Zimbabve issued some 10year debt, but it doesn't really help their currency. Its more of a size of the user base, how many people share the collective halucination that currency xyz has value and will have it in the future. Bitcoin is just in its teenager phase, don't expect too much from a teenager :)

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Gold has more market cap than any currency ..chinese and US out together .. have you ever bought coffee with Gold ? Btw ..gold has bigger user base than any currency too ..