Time-based cryptocurrencies?

[Betwrong]

I came across this article which actually looks like a pure advertisement to me so no way I'm saying to trust it, but it's really interesting to see some replies from the Bitcoin community.

I personally think that in reality it's impossible to create a currency which is "backed by the real labour force and is redeemable for real person-hours" like they are stating. What do you guys think?


https://blog.chronobank.io/benefits-of-stable-time-based-cryptocurrencies-4247d22ef603#.b9ygwjssn