Getting back to futures trading and crypto-currencies, it now seems all to easy to understand things like the tulip craze.

In the end, all money can be is a means of allowing people to interact across space-time. It allows me to trade a unit of my life (say an hour) I live today, for something else from someone else 10 years in the future.

Cryptocurrencies only exist to escape government monopolies on currency. Most real currencies exist in large part as electron states already (there is little physical currency in comparison to the values in bank accounts.) Thus the electronic nature of cryptocurrencies is not novel.

It is hardly surprising NJ did what it did today.