# Quiz 21

#### Bitcoin's value is backed by physical assets or state guarantees.

* [ ] True
*

&#x20;  False

\
**Note to learners**

It is not backed by flows, physical assets, or state promises, but by algorithmic scarcity and distributed trust.

&#x20;

To learn more about it, you can follow the course [Unlocking the Evolution of Bitcoin: From Community Origins to Market Adaptation](https://bsvblockchain.360learning.com/course/play/68ad7342599ab13c54a77e4f)


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