Yes yes this is true, but just to add to what you've already said, I don't think "technology" is enough to become money anyway. If its only technology, why can't it be replaced? Why can't a government just rip your company scrip and make it issued by government instead?

The fact that Bitcoin is a money that emerged out of community as a social construct, is part of why crypto simply can not "compete" or even have similarities to Bitcoin.