Cryptocurrency is money and not money

Rather than arguing, I encourage the industry as a whole to read more deeply into this topic. And no, I don’t just mean Graeber’s “Debt” and Fergusson’s “Ascent of Money.” The most important book for understanding the monetary context of cryptocurrency is 『Private Money and Public Money, the Challenge of the 16th Century』. This book provides context for the rise of central banks and the resulting motivations for cryptocurrencies.