Value is NOT stored work and Bitcoin is NOT stored energy.

I know Saylor is saying things like that, but it's not true. The energy loss with Bitcoin would break the Energy Preservation equation if it would be stored in digital form and emitted as heat. It's the the wrong school of thought, born from our ineffizient way of computing with electric semiconductor chips.

And Value is independent from work set by the market alone. By the market alone - independent of the inherit work effort. You can have the exact same article on two different market places for extremely different evaluation. A Ferrari in Gaza is not the same price as in Monaco, not the same in Shanghai, not the same price in the 2000s and 2023. Work is work, markets are markets.