On: ‘It’s not even good for money laundering’: Nassim Taleb lashes out at Bitcoin

[bko]

If money is supposed to be a rough tool for measuring aggregate wealth in society, i would expect a shutdown to cause valuations and GDP to go down.

If it's meant to be a tool for control and manipule society, then yes it's a marvel that an entire shutdown resulted in asset valuations to grow by around 30% in 2021.

Trying to control the economy by manipulating money supply is like trying to control climate change by manipulating thermometers

[marcusb → bko]

I think it is supposed to be a tool to allow people to exchange goods and services without resorting to barter.

[llamaimperative → bko]

Money is not supposed to be a rough tool for measuring aggregate wealth in society. Hope that helps clear things up.