Is there some sort of commodities index that measures relative volatility of key natural and artificial commodities (eg: price of oil expressed in gold + price of steel expressed in oil + price of GPUs expressed in steel + price of electricity expressed in GPUs etc)
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I’m the opposite of a god/crypto bug whatever you want to call that (fiatbug?) but the commodity-bugs have a point that should be accommodated within how fiat-bugs think about value.
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Commodity teraflop?
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Or am I missing the point? Nvidia, Amazon etc are already indirect teraflop pricing?
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What would that actually mean in the present realtime market though? "Oil priced in gold" would still be based on local fiat value, yes?
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