Bitcoin Ending the Financial Dark Ages

During the Middle Ages, a group of men attempted to turn base metals into gold. They were known as alchemists and were unsuccessful in their endeavours. We’re lucky they didn’t. why? Consider the alternative.

If alchemists had found a way to convert base metals like lead into the monetary unit at the time, the race would have begun. Race to find as many minerals as possible to turn them into gold.

The first users of this newly created gold were of immense wealth, but with it circulating throughout the economy – a much smaller field of opportunity in the Middle Ages – a disaster could have occurred.

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