the individual is the foundational institution of society. bitcoin could be a tool used by an individual if they found themselves born into a tough familial situation.
Discussion
The individual is the utmost primitive, but it is not an institution.
And while it is a grace to have bitcoin in a tough family situation, such situations do not negate the fact that family/household is still the foundational institution in a society.
fair. although often when someone is referred to as “institutionalized,” (admittedly slightly different semantics) the meaning is that they have been subject to the rules of an institution. in my experience, many people - for better or worse - institutionalize themselves but around these spaces you see these unique independent thinkers: the lone wolves, the open minded… maybe, the institutions of one? and in the age of the sovereign individual it is seemingly possible for an individual to be a prominent institution.