Bitcoin is the thing that backs everything else.
There is no Bitcoin, there is only an accounting record of how many Bitcoins Mr. Satoshi owes you
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You think I don't know this? and no, it's not how much Mr.Satoshi "owes" me. The ledger is clear about whose possession the keys are in to move the utxos containing said Bitcoins.
You own the claim on Bitcoin, but not the actual Bitcoin (which doesn't exist)