Who does understand what money is? We have debates it for centuries. Money is both trust (credit) AND commodity. Though most economists religiously pick one view (Keynesians) or the other (Austrians).
Being based on "math" is nonsensical. Money is based on math, that's the whole reason it evolved - to keep track of debts!
The question is one of the axioms behind the monetary system. Bitcoin's axioms are every bit as political as a fiat currency, the only difference is the entity that made the political judgement.
Users of Bitcoin must trust in the algorithm, as users of currency must trust in the central bank.
Being based on "math" is nonsensical. Money is based on math, that's the whole reason it evolved - to keep track of debts!
The question is one of the axioms behind the monetary system. Bitcoin's axioms are every bit as political as a fiat currency, the only difference is the entity that made the political judgement.
Users of Bitcoin must trust in the algorithm, as users of currency must trust in the central bank.