The Liquid Energy Dollar (LED) project is the first decentralized global energy-stable currency experiment. Energy is fundamental to everything we consume. When energy prices rise, so does our cost of living. Looking back from 1960 to today, energy prices have closely tracked the general consumer price index (CPI). Even compared to gold, something that has traditionally been used as an inflation hedge, energy has a much stronger correlation to CPI.
With an energy-stable currency, we can keep our buying power stable relative to the things we care about. Energy isn’t a replacement for fiat currency; however it provides a powerful alternative.
