Crytop and a digital currency are two different things. Just as coins and token are different withing crypto, this is a similar split between digital fiat, and gold backed digital currencies. Yes, even if it uses a block chain.

Here is my understanding on the matter:

• Crypto coins = Created by work effort on a unique decentralized block chain.
• Crypto tokens(Most common) = Created out of thin air, exist on another assets block chain, or centralized control.
• Digital dollars/rubles = Backed by trade assets (gold) created out of labor.
• Digital tokens(WEF) = Socialized fiat, created out of thin air, based on theft/debt.

Crytop and a digital currency are two different things. Just as coins and token are different withing crypto, this is a similar split between digital fiat, and gold backed digital currencies. Yes, even if it uses a block chain.

Here is my understanding on the matter:

• Crypto coins = created by work effort on a unique decentralized block chain.
• Crypto tokens(Most common) = created out of thin air, exist on another assets block chain, or centralized control.
• Digital dollars/rubles = backed by trade assets (gold) created out of labor.
• Digital tokens(WEF) = socialized fiat, created out of thin air, based on theft.