Amazingly written article. The flow of logic was brilliant, and I appreciated the way you used Modernization Theory to affirm the need for mediums of exchange, whether fiat currency or organic money, to be conductive to evolution. After using this point to show the continually progressing nature of specialization, you clearly illustrated the long term benefits (unbounded social losses) of an organic money system, and then tied it to the creation of Bitcoin. I only wish you took more time to explain the ways in which Bitcoin is and will be able to fulfill the described needs of an evolved medium of exchange as a result of advanced specialization, and how major price fluctuations don’t counter your theory. This was truly the work of a masterly, forward-thinking economist, who challenged and catalyzed my thinking about the future of money, currency, and human exchange. Thank you, Prateek!