crypto "currencies" do not satisfy the regression theorem of Austrian Economics that explains before the first use of anything as money, it is being valued only by its non-monetary uses. bitcoin and altcoin didn't have any non-monetary uses before they were pushed onto stage as "currencies". anybody can issue an alt coin now at essentially no cost, no different from fiat money. many altcoins are even pre-mined. "mining" and "coin" are nice clothes these pure digits are wearing in order to fool the naive and innocent. gold/silver is money --decentralized, anonymous, physical(off the grid), accepted in any culture/race as store of value, medium of exchange. bankters keep denying gold/silver monetary statuses and you know why. libertarians who champion cryptos are weaklings who are easily fooled and played with.
RE: Bitcoin is not Cryptocurrency