I am about to commit heresy: data is not the new oil.\u00a0 It\u2019s just not. Aren\u2019t the following rather significant differences? \tOil is limited in quantity. Data is infinite \tOil is expensive to acquire. Data can be collected cheaply \tOil can only be in one place at a time. The same data can be in many places at once \tOil can do valuable work but gets used up in the process. Data is still valuable after value has been extracted from it. One comparison I will grant is that both data and oil start off in less useful forms than they need to be in to be worth something. They both need refining\u2014from crude oil to petrol or aviation fuel and from incomprehensible data points into information, knowledge or\u2014the ultimate refinement\u2014wisdom. So how far can we go with that particular, in my view legitimate, comparison\u2014especially in relation to Bitcoin? With talk of BSV powering the world economy through a unique mix of money and data, how should we manage the \u2018refining\u2019 of the binary code of Bitcoin into human-friendly forms? If Bitcoin\u2019s equivalent to crude oil is the inaccessible lines of code inside blockchain nodes, who are the workers getting their dungarees black and their hands greasy to make it useful? Developers? Who are the smart-suited executives financing the infrastructure through which it flows? Entrepreneurs and investors? Who are the smooth-talking marketers encouraging motorists to fill their tanks at their local petrol station? BSV proselytisers on social media?\u00a0 But remember, motorists don\u2019t like to see the oil. They stick the pump handle into the back of the car and avoid even a drop falling on their hands or feet. Is that what Bitcoin should be aiming for? That users don\u2019t need to know about it unless they happen to be interested or are doing a school project? I was talking to a well-informed and worldly BSVer the other day (OK, it was @EquityDiamonds) about how I thought block explorers could be more user-friendly. After all, a transaction isn\u2019t hard to understand in principle. But when you look at the block explorer page with all those long strings, laid out as if you would know what\u2019s what, it\u2019s off-putting, to say the least. He was sceptical about my idea that it could be easier to understand: \u201cIt's possible, but maybe it's like doing auto mechanic work: it's a bit too complicated for the ordinary Joe to be pulling things apart?\u201d\u00a0 Maybe he\u2019s right. In the past, motorists were more likely to know what\u2019s under the bonnet (I mean \u201chood\u201d, Americans) but today\u2019s cars are more reliable. That\u2019s allowed their owners to know less. When I had a puncture last week, I first had to discover whether my car, which I\u2019ve had for a couple of years, had a spare tyre. Then I called a professional to come and change the wheel for me, where in the past I would have done it myself. When Bill Gates started computing at school, he learnt machine code and the results were delivered as strings of numbers and letters on ticker tape, as meaningless to most people as dealing with Bitcoin addresses. Today\u2019s teenagers probably know less about how computers work than Gates\u2019 generation. So should we expect the same distancing from the mechanics in relation to Bitcoin that has happened with both cars and computers? When the infrastructure has been built and the system is working smoothly, nobody needs to know what\u2019s going on beneath the hood. Yes, why not?\u00a0 But hang on\u2014you protest\u2014data is not claimed to be the new oil because of its visibility or otherwise. It\u2019s because they are both valuable (not that the old oil has been doing well in that department, its price having just about halved in the past ten years). It\u2019s true that the tech giants and big financial institutions have grown rich on data\u2014acquiring and organising it on a scale not possible until now. And it\u2019s true that, with its low transaction fees and massive scaling potential, Bitcoin SV looks all ready to grab some of that kind of business.\u00a0 If the comparison is simply to say that data is valuable, ubiquitous and makes the world go round, then oil isn\u2019t such a great example of something that does that. As I said, its supply is limited, it gets used up and you can only acquire it by investing in rigs, pipes and other expensive kit. So, with the promise of BSV\u2019s data-handling properties, data will be the new ...what?\u00a0 Well, look at the explosion of tradeable tokens. There are already more than 1,200 listed on Bitcoin Token Exchange (including my own highly sought-after chblm tokens): There may not be many world-beaters among this lot\u2014any more than there were many websites among the first on the World Wide Web that are used today. But the principle has been proved: Bitcoin can host tokens which can be easily and cheaply created and traded.\u00a0 And tokens are data: they are receptacles of information\u2014about people and institutions and the contractual relations between them. It will only take one more creative leap for someone to figure out why we need them in our lives\u2014to buy and sell, boast about, complain about, envy our friends for. At that point, it will be clear enough: data is the new...money.