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Bitcoin Ends The Financial Dark Ages

During the Middle Ages, a gaggle of males tried to flip base metals into gold; they have been often known as alchemists and they didn’t achieve their endeavors. We’re lucky that they didn’t. Why? Consider the choice.

Had the alchemists discovered a method to transmute base metals corresponding to lead into the financial unit of the time, a race would have kicked off. A race to discover as many metals as doable to flip into gold.

The first customers of this newly created gold would have loved great wealth, however because it circulated all through the financial system — a a lot smaller sphere of alternative within the Middle Ages — calamity would have ensued.

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