Elon Musk Makes a U-Turn, Backs Bitcoin as ‘It Is Impossible to Fake Energy’ — What This Means

Elon Musk makes a U-turn, backs Bitcoin as ‘it is impossible to fake energy’ — What this means

In a post on X, Tesla CEO Elon Musk said Bitcoin’s energy-based foundation is exactly what makes it valuable — a U-turn from what he said in 2021.

Elon Musk Backs Bitcoin And Reveals “Energy” Is The Reason Why

CEO of Tesla has backed Bitcoin once again. And his reason why is rather interesting! Elon Musk on X recently ...

Elon Musk Praises Bitcoin Amid Ongoing Downturn In Top Asset - The Market Periodical

Key Insights Elon Musk has called Bitcoin a better asset than fiat currency. It’s his first public remark about Bitcoin in over two years. Musk’s comment was a response to ZeroHedge’s opinion that energy-based assets will thrive amid fiat debasement. Bitcoin continues to struggle with its current price pattern, showing no hope of recovery yet. Billionaire entrepreneur Elon Musk has praised Bitcoin as superior to fiat currency. Musk said this in…

Elon Musk Hails Bitcoin As Energy-Based Alternative to 'Fake' Fiat Currencies - The Daily Hodl

Elon Musk is touting Bitcoin as an energy-based system that counters constant debasement from traditional currencies like the US dollar.

Elon Musk Gushes About Bitcoin 'Energy' Demands—Years After Environmental Gripes – Archyde

Archyde Elon Musk’s Bitcoin U-Turn: Why Energy Matters in the Age of AI In a surprising turn of events, Tesla CEO Elon Musk has publicly lauded Bitcoin’s unique foundation – its… You can read the full story here: Elon Musk Gushes About Bitcoin ‘Energy’ Demands—Years After Environmental Gripes.