> "Particularly, there is a sense in which bank account balances are a separate currency" You can define "credits" and "debits" in a currency to be a separate

> "Particularly, there is a sense in which bank account balances are a separate currency" You can define "credits" and "debits" in a currency to be a separate currency, but since that has been in the lexicon for millenia, you'd have a very long road ahead for acceptance of terminology like that. There is a reason why we define M1 as different from M0. Trying to say that bitcoin is some newfangled currency that demands M0 and M1 be equal? Good luck with that.