/biz/ - Business & Finance

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Anonymous Sat Aug 19 17:46:22 2017 No.3132648 [Reply] [Original]

The currency of this universe is energy, life with its complexity and ever changing patterns is just a race to most efficiently capture the energy available in the local region.

Money is actually a way to commodify ENERGY if you really think about it, and cryptocurrencies do just exactly that, they take the cheapest electrical energy and convert it into units of energy exchange that can be spent globally.

So bitcoin is not a currency backed by "nothing" as the naysayers parrot around, its a currency backed by the most fundamental unit of value in this universe, energy. IT is not the "internet" of money, it is more fundamentally the "internet" of energy

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