Nothing more than it’s widely accepted
Well, what's wrong with Bitcoiners trying to make their currency widely accepted too?
that it’s backed by yet another widely accepted from of currency
So it's turtles all the way down, is what you're saying?
(usually; gold)
Not the USD, which is the worlds most widely accepted currency.
This is all gross-oversimplification, I realize, and I don’t particularly want to get into the weeds on this topic, because it’s only of passing interest to me.
Yes, I agree that this is gross-oversimplification. But if you don't want to get into the weeds, why make a claim about something you don't understand and don't have interest in?
Like everything in this world, I think it's situation dependent.
I traveled for work, and would live out of a hotel room for 4-5 weeks at a time. I have a gaming laptop that doesn't fit in the bin while going through TSA. Always got comments about it. But damn, if I didn't love setting it up in my hotel room and leaving it there during my tour and being able to play some games during my evenings.
It was WELL worth it!