Henry Ford's Prophetic Vision
Over 100 years ago, Henry Ford predicted that an "energy currency" would replace gold and stop wars. This vision has now materialized as Bitcoin.
In a 1921 article in the New York Tribune, Ford proposed a revolutionary idea: a currency backed by energy rather than gold. He envisioned a monetary system where the unit of exchange would be based on the universal constant of energy, making it impossible for any single nation to control or manipulate.
"Under the energy currency system the standard would be a certain amount of energy exerted for one hour that would be equal to one dollar. It's simply a case of thinking and calculating in terms different from those laid down to us by the international banking group." — Henry Ford, 1921
Ford believed this system would eliminate the power of bankers to control the world's money supply and prevent wars fought over gold reserves. His vision was remarkably prescient of Bitcoin's proof-of-work mechanism, where computational energy secures the network and creates new currency.
The Bitcoin Connection
Bitcoin realizes Ford's vision through its proof-of-work mining process, where electrical energy is converted into digital currency. This creates a direct link between energy expenditure and monetary value, exactly as Ford envisioned a century ago.
New York Tribune, December 4, 1921
"Ford Would Replace Gold With Currency Based on Energy"