Is $BTC really backed by nothing?

Let's kill this boomer FUD once and for all.

Bitcoin is backed by:
• 700+ exahash of computational power
• The most secure distributed network on Earth
• Immutable scarcity (21M hard cap)
• Global liquidity across every timezone
• Proof of work that costs real energy

Meanwhile fiat is backed by... trust in politicians and infinite money printing.

You tell me which one sounds more solid.