It's not backed, nor was the USD by gold, it was anchored, braked, restrained, limited in its issuance, immune to debasement.
The only backed commodities are edible or potable.
"Backed," like 🤣 "Stable" coins are "backed" by the inflating and debased USD? That. Should Bitcoin erect so flimsy and farcical a veneer, so it can be like the others it isn't.
God there are some dumb questions about something that isn't what we already know?
Should eMail have a stamp?
Does cloud computing have to be monitored for rain?