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David Graeber on Debt, Service, and the Origins of CapitalismDavid Graber suggests that money has always been widely perceived as representing debt (Graeber, ), while Alfred Mitchell Innes defines. He's invested in bitcoin payment processor BitPay, but remains cautious on the future of bitcoin itself (only 20% confident, as others have said). DAviD GrAeber, Debt: the First 5, YeArs (). 4. See Felix MArtin, MoneY: the UnAUthoriseD bioGrA-. PhY 16 (Vintage Books ) (). 5. GrAeber.