Two things people miss about Bitcoin, Litecoin, Doge, etc.: -- these currencies are not denominated in other currencies except as a convenient way of thinking

Two things people miss about Bitcoin, Litecoin, Doge, etc.: -- these currencies are not denominated in other currencies except as a convenient way of thinking about their value; they can serve the purpose of "exchange" without any particular currency -- there is no debt attached to their creation; in that sense they are not like Euros and USD, which always have been borrowed into existence; they are more like a physical item used as currency in that way, like silver or gold