I'm definitely a newbie when it comes to crypto currency. It's fascinating to see how fast this is evolving.
But as far as I know, crypto currency is still a currency and not money, because it holds no intrinsic value.
Will it ever be possible to have a decentralized crypto currency backed by (centralized) assets like gold and silver?
In other words, will crypto currency eventually become real money?
Maybe you will be surprised, but the real money like USD is backed by trust only.