Henry Ford was an American industrialist who was famous for founding the Ford Motor Company and revolutionizing car manufacturing with the assembly line.
He conceptualised an "energy currency". A currency backed by energy input that isn’t too far away from proof-of-work, where electrical energy is used to secure the bitcoin network.
Ford's critique of centralized control in traditional finance is the same starting point Bitcoin’s decentralisation sprang from.
"Under the energy currency system the standard would be a certain amount of energy exerted for one hour that would be equal to $1."
- Henry Ford
"The essential evil of gold in its relation to war is the fact that it can be controlled. Break the control and you stop war."
- Henry Ford
"It's simply a case of thinking and calculating in terms different from those laid down to us by the international banking group to which we have grown so accustomed that we think there is no other desirable standard."
- Henry Ford
