Bitcoin And The Commodity of Time

Bitcoin Magazine

I had a long drive ahead of me. Nine hours down the coast, with a few stretches of time I knew I’d be out of streaming service range, and perhaps even out of AM/FM. Knowing this, I took a moment and dropped by my local Goodwill to take a gander at their CD collection before making my way. Lo and behold, I found a 3-CD boxed set of a Grateful Dead show from the 70s I had loved as a teenager, and figured that was the best bang for my couple of bucks: nearly three hours of guitars, feedback, percussive clomping and pitchy-sometimes-but-earnest-at-all-times singing. I bet the overlap of Bitcoiners and Dead Heads is slim, and I am not nearly as evangelical about the Dead’s underlying fundamentals, but alas, as I drove further into the cosmic slop, a parallel between the two movements formed. As the hours flew by, I couldn’t help but think how Bitcoin not only will bring about a global and free energy market, but with it, the re-commodification of time.

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