Theoretically, it's not all. It's possible to have a reasonable cryptocurrency backed by something tangible. In practice, all I saw so far was either pure frau

Theoretically, it's not all. It's possible to have a reasonable cryptocurrency backed by something tangible. In practice, all I saw so far was either pure fraud (USDT) or fiat currency (BTC). I'm a free-market capitalist/anarcho-capitalist so I want to see people free from the awful state-issued money, but these stupid cryptos we see are no better to use as a substitute. Eventually, we will probably see alternatives that make sense, but it might take a while.