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Nobody Explains Money

The most important concepts are the ones nobody teaches you.

Nobody explains money to you.

School teaches you to count it, banks to save it, ads to spend it. Textbooks give you the functions: medium of exchange, store of value, unit of account. Nobody asks what it is.

I didn’t ask that question until Bitcoin forced it. I found the Austrian school of economics the same way you find anything school leaves out — on my own.

What I found: money is a protocol for human action. Not a thing. A system of coordination. A shared language for expressing value between strangers. You can use it your whole life without ever seeing it that way.

The test for real understanding: can you build the concept from scratch, for someone who has never seen it? Not quote a definition. Start from zero.

Most people pass the money test every day at the register. Very few could pass it on paper.