Cryptocurrency in simple details.

[Spongebob]

^^^^^ Yes you are, you answered your own question. "Just about anything is relative to the people doing the trading", which was my point. But that also applies to ideology, religion, politics, and economics. The "exchange" in all contexts is a way of socializing and forming group order. All are forms of competition over control and resources. 

The only argument is what does humanity want, or are willing to tolerate to survive. 

But for cruelty and brutality to exist, the currency is blind loyalty. Hitler's "currency" was falsely playing victim and offering himself up as a cure.

‘Artificial’ and ‘arbitrary’ mean entirely different things.

And if you could stop bringing up Hitler when the topic has nothing to do with Hitler, that would be great.

Boru

Yeah I think "artificial" is probably not the best word.  The value people place in money is real, it just isn't a truly concrete thing.  It can change with circumstances.

I'm still not sure what to make of crypto.  There are some voices in economics that support it but a lot deem it a scam or at best a bubble.  I'm leaning that way myself but it has stuck around for a while now and in some cases seems to be gaining acceptance.  It's volatility is a real problem, though.