Henry Ford proposed an ‘energy currency’ to replace gold 100 years ago
Bitcoin seems to fit the idea of an energy-backed currency established by a famous American inventor during the interbellum period. In 1921, American manufacturer Henry Ford proposed the establishment of an “energy currency” that might serve as the foundation for a new monetary system, eerily similar to Satoshi Nakamoto’s 2008 Bitcoin (BTC) whitepaper’s peer-to-peer electronic […]