Mmastodon BusinessCrypto first seen 11 h ago, last 39 min ago, peak #1
New post compares Henry Ford's energy currency to Bitcoin
Original: A new blog post was uploaded: The similarities of Henry Ford's Currency and Bitcoin: https:// syrinxandspear.com/blog/ne
A new blog post argues that Henry Ford's proposed 'energy currency' from the 1920s shares striking similarities with Bitcoin. Ford once envisioned replacing the gold standard with a currency backed by units of energy generated at his planned Muscle Shoals dam project. The post explores how that idea would have worked and draws connections to Bitcoin's energy-based mining model.
Why now: Interest in historical parallels to Bitcoin remains high as debate continues over cryptocurrency's backing and legitimacy.
Henry FordBitcoinSyrinx and Spear
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