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RE: 100 years ago, Henry Ford proposed ‘energy currency’ to replace gold - CoinTelegraph
One major flaw with "energy" currency is its intangibility. It seems even more illusive than crypto-currency, which at least leaves some traces
Good point. I was thinking along those lines when I wrote that I was curious about his ideas for implementation. You'd have to trust someone to generate the electricity without rigging the meter readings. The only way it would have been conceivable at the time is probably to have it certified by government, but that might be a recipe for corruption.
I suppose it's possible to know a plant's output in real time (it is for hydro dams). But still you can't touch a kWh