I believe most people are aware of the dichotomy between astronomy and astrology: astronomy is the scientific study of the stars and universe while astrology is pseudoscientific humbug designed to separate fools from their money using horoscopes.

Fewer know that the same dichotomy exists in the crypto world. Cryptology, of course, is just pseudoscientific nonsense for nerds who like to play with numbers, while cryptonomy is a real science. Cryptonomy is the study of cryptocurrencies like Bitcoin.

Cryptozoology is the search for mythical animals (zoology), and similarly, cryptonomy is the search for mythical wealth (economy). Cryptonomy was invented by Satoshi Nakamoto late in the first decade of the 21st century. Cryptology followed soon after, trying to capitalize on the popularity of cryptocurrencies and the blockchain.

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