Before you scoff at Bitcoin, make sure you’re smarter than these guys:
• Henry Ford wanted an energy-backed currency to decentralize wealth and weaken the banking elites.
• Nikola Tesla believed energy was the key to unlocking the secrets of the universe.
• Buckminster Fuller pushed for money measured in kilowatt-hours to drive sustainable progress.
• Friedrich Hayek argued for private, commodity-backed currencies long before crypto existed.
• Donald Trump was orange before it was cool.
DUDE PAINTED HIS WHOLE BODY ORANGE (allegedly)
Thankfully I gave up scoffing!
Feelin extra sly and roundabouty this morn
Buckminster Fuller proposed a system where energy would be the basis of a global currency and a new standard of wealth. He envisioned a "time-energy world accounting system" that tied the prices of goods and services to the resources used for their production and compensated everyone for their labor and their share of renewable energy. Fuller's ideas, dating back to the 1920s, included a "time standard" of wealth and a "true dollar" tied to the amount of energy available worldwide. He also proposed an integrated world electric grid by connecting the U.S. and Russian systems.
