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.

Undisciplined

(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 

 -- but sure, comparable it's OK since fiat got roughly zero

econ

Money Isn't a Measuring Stick, Idiots (TDE, Pete Earle)

denlillaapan

> (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