Ford’s Energy Currency, Hayek’s Good Money, and the Halving
A common question from those new to Bitcoin is: “Isn’t Bitcoin backed by nothing? How does it have value?” 100 years ago, Henry Ford suggested and theorized the concept of an energy-based currency to create a natural store of wealth. Ford suggested a currency backed in kilowatt-hours (kWh) and this is exactly what was found … Continue reading Ford’s Energy Currency, Hayek’s Good Money, and the Halving
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed