Money is not a THING.

Not a "THING"

Most people think that if they are holding cash money or coins they have real money. They do not. There is no such thing as real money.  By that I mean that you cannot see, smell, taste, hear or feel money.  It does not objectively exist as a "Thing"

The next thing people do when I say this is show me a Dollar Bill and show me "This note is legal tender for all debts public and private". That means it is Money. It isn't.  It is a Federal Reserve "NOTE" That would be a  promissory note .  

It is a promise that the Federal Reserve Bank is holding electronic [virtual] money in an Asset account to cover the printed value . When the holder deposits it into a Bank account the money is transferred to that account as electronic numbers. A Federal Reserved Note[and coins] has the same function as a check or debit card or an on-line-transfer has.  It moves money. It is not Money itself. All Fiat money in existence, exist only as digital numbers on bank computers.  It can be found no where else.