$64,080.59
-0.29%
$3,475.30
-0.55%
$74.47
-0.16%
$23.72
-1.9%
$162.84
-2.43%
$0.00
-0.03%
$22.96
-1.88%
$0.12
-0.76%
$19.75
-1.31%
$0.00
-2.74%

Bitcoin And The Commodity of Time


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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