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Money is a shared cultural hallucination. It’s a shared delusion. We walk around and associate with other people on the basis of germ-ridden pieces of cotton printed with green ink. If you were to observe that as an alien anthropologist that landed on Earth, you’d think it was very very weird. That just by exchanging these pieces of cotton, you could create social relationships, transactions, and trade— you could feed yourself, shelter yourself, etc., etc. It doesn’t make much sense but it’s based on a shared hallucination. It’s based on the assumption that if you give me a dollar today, ...more
The Internet of Money
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