Elon Musk Emphasizes Bitcoin’s Superiority Over Traditional Currency
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Elon Musk recently emphasized Bitcoin’s superiority over fiat on X, highlighting its foundation in energy — a resource that cannot be artificially created.
Responding to Zerohedge, which linked the global AI arms race to rising demand for hard assets, Musk framed Bitcoin as a “proof-of-energy” system: a scarce digital asset secured by real-world computation.
The comment ties into broader discussions about energy, scarcity, and the digital economy, especially as AI infrastructure consumes unprecedented power.
For Musk, Bitcoin exemplifies a system where energy expenditure builds trust, protecting against inflation and fiat devaluation.
Despite the attention, Bitcoin’s price remained subdued at around $111,836, down roughly 3% in 24 hours, reflecting ongoing investor caution after recent market turbulence.
Musk has consistently held Bitcoin, Ethereum, and Dogecoin, while Tesla maintains one of the largest corporate Bitcoin treasuries, recently reaching $1.4 billion – a record high since May 2022.
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