We use money to communicate value to each other, to express to each other how much we value a product, a service, a gesture. We use it as the basis of social interaction because by communicating value to each other, we create social bonds. So, money is also a very important social construct. This is an ancient technology. Yet, ironically, it’s one of the technologies that is least studied from a historical and technological perspective. We look at bitcoin today and it represents an invention, a new form of money.
