Crypto bill

[Spongebob]

I'm not discussing the definition of money, or philosophical matters.
Moving on:

In fact you have been discussing, or rather fumbling through, monetary theory this entire thread.  You need to educate yourself on economics a bit.  Thank god you aren't getting into philosophy.

Paper money = bonds for exchanging it with the commodities it backs; you know that; right?
In a nutshell: you have 20 Dollars. Technically you should go to the bank and exchange it with "real gold", actually money was that all across history, until Nixon changed the rules and banned the exchange of money with gold, and the age of Petrodollar began.
Read here:

https://en.wikipedia.org/wiki/Nixon_shock#Background

America stole the world's gold under Nixon and gave you toilet paper instead. The Dollar is a currency you exchange for American protection and American standards; but America is falling now.

OK, now I understand what you are carrying on about.  Of course I know about this, but as usual you are misinterpreting it.  I suppose its not the best thing for the rest of the world that the US dollar has become the global currency, but the US did kick just about everyone else's butt, so too bad, so sad.  It's what you've got.  But no, the dollar has not been worth anything in gold since the 70's.  It was a necessary change in monetary policy and probably overdue.  I guess the only reassuring thing I can say about this is that if the dollar hadn't become the global currency, it would have been Francs or Pounds or maybe Yen.  Certainly wouldn't have been sand dollars...

Crypto is the new free evolution, let America have all the gold it wants; computers and electricity are the new commodity. You will understand it after its too late with this mentality.

OK, computers are nothing but a tool.  Electricity is just what powers computers.  These things aren't mystical.  Crypto may possibly be a massively disruptive new form of currency or it may be a flash in the pan; we won't likely know for a while.  It depends a lot on how it's used and how those that control it maintain its supply.  I think you're under the impression that crypto is some kind of force for freedom or liberation.  I seriously doubt that but it remains to be seen.  What is dangerous about it is that no government controls it, so what happens if crypto replaces dollars and Yuan as the global currency?  That could change a lot of things for the better or for the worse and neither of us know which.  You have to understand, we've never seen this movie before.

If Biden have brains; he will know the sinful history his empire followed and compensate for it by demolishing banks.

You want Biden to shut down all the banks???  Shows what you know.  That would hurt the average person more than anything.  Banks make money secure.  Banks make it possible to buy a house.  Banks make business possible.  Even if you are fond of Crypto currency, you'll still need banks.  Crypto isn't a bank; you can't borrow bitcoin that I know of.  Of course you don't understand this; your people don't allow interest.