The people who think of blockchain money as useful do so because they generally come from a tech background, and don't know what money actually is. Blockchain

The people who think of blockchain money as useful do so because they generally come from a tech background, and don't know what money actually is. Blockchain money is worthless, it's definitely not currency, and less of a 'store of value' as say, common art. Money is used as a basis of common commercial transaction (not hoarding), and gold has some store of value due to its historical relationship to money, but even then it's not that big of a deal. A 'store of value' generally should retain it's value over long periods. Real estate is 100x a better store of value than BTC and it's much more accessible. More importantly, the economy lives on credit not money and it's hard to account for that in crypto. There are zero monetary systems that work well without flex, so this idea of 'irreproducible' is mostly valuable in a system of 'mostly non-trust and transparency'. We have monetary policy now, which is very useful. Money is a social contract. Technology is just the means to express the exchange of it. BTC is a very interesting curiosity, but really its pragmatically missing the point badly. Good blog though.