But all money is credit
Bitcoin is not credit
It cannot therefore be money
And it cannot meet the need for credit creation that any real money does
It is just nothing that it claims to be
Cowrie shells were used as money. Cowrie shells are not credit.
What he’s missing is that the definition used in one part of one argument is not the thing itself. Sure, we often equate credit and money. But that doesn’t not mean that something which is not credit cannot be money.