I guess I'll give you points for being consistent: you're probably not simply 'anti Bitcoin', but against the larger development of excessive 'financialization' (through financial derivatives), right?
You bet.
Money is not real wealth, it is just a token that one can exchange for real wealth.
Some kinds of money have reasonably stable exchange value, and nearly universal acceptance (at least within one country) that we get used to think of them as wealth; and for the purposes of personal wealth accounting, that is a good principle.
For the purpose of understanding the world's economy, however, it is important to distinguish wealth from the money that merely represents it.
The "hyperfinancialization" of the economy has created excessive amounts of money, that, if taken at its market value, would correspond to immensely more wealth than actually exists. Many people believe that they own (through the money proxy) a lot of cars, land, pizzas, etc; but there is not enough wealth to actually realize those claims.
The financial system is like a land registrar that keeps multiple records of ownership for the same piece of land; except that, since money is not attached to any specific piece of lad, no one can tell which money is good and which is bad. Sometimes the fiction becomes untenable, and then politics or violence decides, more or less arbitrarily, who keeps the real wealth (usually big financial corporations) and who loses it (usually the plebs).
Maybe that wasn't clear enough...
I guess I'll give you points for being consistent
... was my polite way of saying I think you're wrong, but at least I think you're only empirically wrong, not logically inconsistent (which is inexcusable)
