It’s not a bad metric, but you still have fiat since the only thing that relates the two is the fiat price. I don’t know of any market which allows you to buy/sell/trade bitcoin <> gold directly without fiat as the intermediary.
I understand that both are intrinsically linked to energy, but Bitcoin unlike gold is purely defined by energy.
“Don’t compare yourself to others” is a lesson we are all taught. If bitcoin is truly superior to fiat, why are we stilll comparing it to fiat and why are we constantly looking backwards? We aren’t going that way. Energy (joules) is the universal standard for everything.
If we aren’t increasing joules per satoshi, we aren’t doing anything of value. Physics has also been captured by fiat, it won’t be an easy battle to win; but joules per satoshi is deterministically quantifiable from just the ledger itself. The truth is inconvenient for most, in order to do this you must correct the errors in modern physics. People will be very resistant.
I am working on a paper that will provide the fundamental blueprint as to how to quantify joules per satoshi; I am finalizing the language used and writing. My fiat job limits my time to do this unfortunately.
