Bitcoin Reflects Energy As The ‘True Currency,’ Elon Musk Says

Bitcoin Reflects Energy As The ‘True Currency,’ Elon Musk Says

Tesla and SpaceX chief Elon Musk has stoked fresh debate about Bitcoin after a recent social post in which he said the cryptocurrency is “based on energy” and that energy cannot be faked. The comment, posted on X, quickly drew attention from investors and politicians alike. Musk’s remark landed as markets moved. Bitcoin was down, and trading roughly around $86,500 at the time of the post, and crypto coverage noted a flurry of reactions across so…

Musk Calls Bitcoin A ‘Fundamental, Physics-Based Currency’

Tesla and SpaceX CEO Elon Musk has reignited some discussion around Bitcoin, describing it as a “fundamental physics-based currency” grounded in energy.  Speaking on a recent podcast with Nikhil Kamath, Musk emphasized that Bitcoin’s value is tied to real-world energy expenditure, highlighting a distinction between digital assets and traditional fiat currencies. “Energy is the true currency,” Musk said. “This is why I said Bitcoin is based on en…

'Impossible to Fake Energy': Musk Doubles Down on Bitcoin's Intrinsic Value

Elon Musk believes Bitcoin’s energy base will sustain it through monetary evolution. Musk says Bitcoin is based on fundamental physics. According to Musk, AI could become dangerous if not properly regulated. Tesla CEO Elon Musk has described Bitcoin as a “fundamental physics-based currency.” In an interview with Zerodha co-founder Nikhil Kamath, Musk noted that Bitcoin will remain relevant after what we know as money today has become extinct.  R…