They don't work as a hedge. Monero has utility, and therefore some value, but can not be a long term medium for storing wealth. Bcash...Just...no. Silver and Gold remain useful, as Iran recently demonstrated, the Internet can be cut off and that's that, but gold and silver can still be used to trade. The only downside to that is it limits the wealth you can safely store and doesn't allow for intercontinental Ecommerce. Not sure what 'moral high ground' is held by any of these things though? They are, after all, just tools.