I think what you are trying to say is that debt/currency/credit is an accepted medium of exchange with a big network effect.
But that doesn’t mean it’s money. Thats my point. Money has no central issues and no liability attached to it. Money is debt free.
No what I’m saying is societal obligation triggered the need for the creation of money as unit of account to accurately track obligations within society (debt). That’s its primary function, not medium of exchange which is secondary. Money didn’t emerge to transcend barter but to optimize debt relations.
