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Bitcoin is monwy and not faith because, though you may faith but you can't spend it but you can spend bitcoin.Faith is something you can not see but believe it exist, faith is something you can not control but controls you and faith is a spiritual thing. We can see and monitor bitcoin as it rows on our screen. Therefore I disagree that bitcoin is not money but faith.
What he trying to say is that, we must not make bitcoin as valuable thing but have faith with bitcoin. Existence of bitcoin is unusual, maybe one of this day it will fade. The point is, either it is money or not, we must trust bitcoin because it somehow useful for us people. Faith also is not just to spiritual thing, it can also be a trust to any person or thing.