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42 sats \ 1 reply \ @denlillaapan OP 27 Oct \ parent \ on: Money Isn't a Measuring Stick, Idiots (TDE, Pete Earle) econ
(I'm not even sure it's accurate to say bitcoin has any direct connection to a fixed quantity of energy though, I don't think it does... though it has a tighter relationship to energy than fiat) exactly, it's not very related to energy itself -- but sure, comparable it's OK since fiat got roughly zero
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0 sats \ 0 replies \ @Undisciplined 29 Oct
Yeah, it's related to the economic availability of energy and the technological ability to convert energy into computation. Both of those are moving targets.
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