I watched Bill Maher’s recent diatribe against crypto a day or two ago, and suddenly my feeds seem to be filled with people decrying blockchain phenomena like NFTs as pyramid schemes and nonsense. They’re not entirely wrong. It’s important, however, to take a good, long look at our existing “fiat” currencies before taking potshots at a technology that is fundamentally the same, but easily better in a myriad of ways. Let’s begin by defining money, a fiction that enables us to transact across d...