Elon Musk, the CEO of Tesla and a well-known advocate for cryptocurrencies like Dogecoin (DOGE), recently shared his thoughts on Bitcoin (BTC) via a post on X.
In response to a user named Zerohedge, Musk emphasized that Bitcoin is resilient against energy manipulation and cannot be forged.
This comment was made following an assertion by the financial news platform ZeroHedge, which claimed that artificial intelligence (AI) represents a new global competition prompting significant investments from both the United States and China.
Zerohedge suggested that this influx of liquidity has contributed to recent increases in gold, silver, and Bitcoin values while highlighting that energy cannot simply be manufactured.
Musk concurred with this viewpoint, noting historical instances where governments have produced counterfeit fiat currencies but underscoring the impossibility of replicating energy.
“TRUE.”
“Bitcoin’s foundation lies in its reliance on energy: While fake fiat money can be printed—a practice every government has engaged in—energy remains authentic.”
Musk’s remarks indicate his belief that Bitcoin is fundamentally tied to energy. He argues that while fiat currency can be falsified, both energy and Bitcoin remain genuine entities beyond imitation.
“True.”
“This is why Bitcoin relies on real energy: Governments have historically issued counterfeit fiat money but cannot replicate true energy.”