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This paper explores the fundamental importance of sociality tomonetary sovereignty, investigating the apparent contrast between thestate and the market in theories of money. Sociality deservesattention given the recent increase since the 1990s of denationalised,regional and, more recently, crypto currencies, which are differentfrom legal tender. First, we examine the classification of metalismand chartalism, that is, the commodity theory of money on one hand andthe chartal theory of money ondoi:10.15133/j.ijccr.2020.014 fatcat:kz53ry7ltnettmtbpggttx5gly