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0 sats \ 2 replies \ @denlillaapan OP 10h \ parent \ on: Money Isn't a Measuring Stick, Idiots (TDE, Pete Earle) econ
True, and that's intriguing (Vaclav Smil, energy= universal currency) but don't think it changes anything no?
It might just be a different way of looking at things. Prices fluctuate, and thus the unit of energy's purchasing power fluctuates, but the unit of energy is still one unit of energy.
(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)
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(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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