I was thinking about the "energy money" episode of the home mining podcast and it didn't feel right, but I couldn't immediately articulate why. I figured part of it out.

1. It only counts labor as calories and ignores costs such as the years of experience that yields more food per unit of enerfy expended (companion planting, crop rotation, microclimates, etc.).

2. One Joule doesn't have a fixed value. Does it make sense for the value of bitcoin to go up when there's a heat wave and eveyone turns on the air conditioning? Or go down on an exceptionally sunny day? The value of the labor you invested at the time you earned those sats didn't change, so why should the value you earned change, rather than be preserved? After all, that's literally what "store of value" means.

3. A Joule doesn't have a fixed cost eithrr, so pegging sats to a number of Joules seems like it would only devalue over time as we get better at producing energy.

I think both the guests are exclusive to X, so they'll likely never see these points, but if I'd be happy to have them explain the gap here and convince me of their argument.

https://m.youtube.com/watch?v=D4wScJde5FM&list=PLgreEWbgzY8CFeWRtmfP0jpyYH-ZpLctt&index=3&pp=iAQB