There are many angles under which one can look at money. But step back a little and note that the mere fact of us putting money in the middle and then looking at it under several angles is a bit worrying: we are currently spending a lot of our time thinking and discussing about money, we are enthralled, almost obsessed with it. Monnaie Pleine or monnaie vide, who cares ? Why does it matter ? Is it so important ? Why it's so important that we have a "monnaie pleine" ? Take anything else, say ... food for instance! We do think and talk about food in relationship with junk food versus healthy food and the obesity epidemics but is the time and energy spent thinking and talking about food even comparable to the time we spend thinking about money ?

The point of my article is that blockchain enables the comoditization of money creation. Yes, in a sense it might look to you as the very opposite of the "monnaie pleine". Instead of replacing our current fake money - that pretends to be "plein" but is actually empty, "vide" - with an possible utopian "full money", why not complement it with hundreds if not thousands of other "empty money" ? Stop the hypocrisy and the pretense ! There is no full money and the past has taught us that our attempt to create sound money is doomed. Let's step back and take a different tack: accept that money is only "pretend money", banalize money!

Instead of attempting (in vain) to pry the immense power of creating money from the grasping claws of the banks, we have a chance to suck most of the power out of the money creation !

Sounds paradoxal but it would help us cure our obsession and focus better of what really matters: trust !

Because in the end distrust is the root of all money - as Nobuhiro Kiyotaki and John Moore put it in their famous conference paper (catchingly titled) "Evil is the root of all money"

The most important function of money going forward is to serve as a fertile soil for growing trust between people - to allow them to make each other credible promises. Blockchain can do that, let's stop worshipping money