Anyone who thinks it was created by some anonymous jap is a fool. The banksters created it. They say it is not fiat or gold but it is indeed fiat. Bitcoin is backed by nothing. The bitcoin shills tell us it is not fiat because only 21 million bitcoins can ever exist. But remember 1. That is an arbitrary number that can be changed at any time. 2. There are also many other crypto-currencies that are really just bitcoin with another name 3. The difficulty level of the problems that must be "mined" to create bitcoin can be altered at will too. Any non-fiat money must be backed by something and that something must be rare.