Is Bitcoin Future Currency? Elon Musk Might Be Hinting at That; Community Reacts

CN
U.today
Follow
1 day ago

In a recent interview, Tesla and SpaceX CEO, tech magnate Elon Musk, has shared his vision of a currency in the future. The value behind it is totally different from what any bank executive would mention, and the crypto community interpreted Musk’s words as the description of Bitcoin.


Elon Musk describes future currency


In a podcast called Moonshots, Musk told the host, Peter Diamandis, that he believes the only real currency in the future would be “energy” or putting it in a simpler way “how much power is being turned into work of some kind.”


Basically, this can be described as work and energy. Some within the crypto community on the X social media platform have interpreted it as the key components of Bitcoin and its verification mechanism, proof of work, when computational power is used to solve complex math problems to validate transactions on the BTC network.


HOT Stories CNBC Declares XRP the 'Breakout Trade of 2026'Ripple President: We Still Plan to Remain PrivateTop US Exchange Puzzled by XRP Rally Ripple Moves $652 Million in XRP, Shiba Inu (SHIB) Price Makes Big Breakout Move, Legendary Trader Bollinger Issues Bullish Bitcoin Price Prediction — Crypto News Digest

“He’s hinting at bitcoin for sure,” an X user, @MoonCallXBT, tweeted. Many other commentators agreed with him. However, Musk did not mention the world’s largest cryptocurrency directly.


Musk calls Bitcoin "fundamental physics-based currency"


At the end of November, during a podcast appearance, Musk made a similar statement, this time directly referring to Bitcoin. He stated that “energy is the true currency” and BTC was based on it.


“This is why I said Bitcoin is based on energy. You can't legislate energy," he stressed.


Musk believes that true energy is hard to harness. However, in the above-mentioned Moonshots with Peter Diamandis podcast, the world’s richest man shared his vision of providing humanity with an unbelievable supply of energy. To achieve that, mankind will have to start harnessing the energy of the sun. Even a tiny part of the energy produced by the sun could give humanity more energy than it produces on a regular basis using fossil fuels.


You Might Also Like
Sun, 11/30/2025 - 17:53 'True Currency': Elon Musk Makes Major Bitcoin StatementByAlex Dovbnya


Bitcoin price curve reverses


After the 8.16% growth demonstrated by the world’s bellwether cryptocurrency, Bitcoin, between Jan. 1 and Jan. 5, when BTC surged from $87,350 to slightly above the $94,000 level, BTC has reversed and is currently changing hands at around $92,000 after briefly dropping below that mark.


The crypto market has been going down despite the recent Federal Reserve cuts. Among the multiple reasons that have made investor confidence fade are the recent external U.S. policies.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink