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Musk: Bitcoin is based on energy. Fiat currency can be counterfeited, but energy cannot be counterfeited.
2025-10-14 07:08

According to Odaily Planet Daily, financial blogger Zerohedge stated on the X platform: "Artificial intelligence has become the new global arms race, and capital expenditures will ultimately be paid for by governments. If you want to know why gold/silver/Bitcoin are soaring, it's because of the 'devaluation' to fund the AI arms race. But you can't print energy."

Musk commented on this: "I agree, this is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but energy cannot be faked."