marduk
quelling chaos since 2352BC
Look up the concept of "four-velocity." We're always moving at C. When we're at rest (which is a relative concept, but useful nevertheless) we're moving at C in units of time: 1 second per second. As we approach a relative of velocity of C through space, the time component approaches zero. But in all reference frames, our four-velocity is constant, C.
I'm with you there - my point is that they're still not equivalent. I'm free to vector in any direction in 3-space relative to an object. I'm not free to vector in any direction with time. I'm constrained to only go forward, at a varying rate relative to something else.
Yep - that's it exactly. The really neat part though, is that the curvature of spacetime induces stress in the "paper," so there's actually energy in the curvature of spacetime. And that's why the equations of general relativity are nonlinear - the mass-energy of an object curves its spacetime environment, and that curvature itself contains energy which further contributes to the gravitational curvature of spacetime a little bit, and on and on ad infinitum. That's why it takes tensor calculus to model the curvature to high precision. But we can get by quite well with the "linearized weak-field-limit equations" in most scenarios - the nonlinear contributions are minuscule until you get close to neutron stars and black holes, where the nonlinear contributions become substantial.
Isn't this what is meant by mass/energy equivalence, though? The energy to warp space comes from matter containing a whole hell of a lot of it.