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‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value


by Ikemefula Aruogu
for CoinEdition
‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value

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  • Elon Musk believes Bitcoin’s energy base will sustain it through monetary evolution.
  • Musk says Bitcoin is based on fundamental physics.
  • According to Musk, AI could become dangerous if not properly regulated.

Tesla CEO Elon Musk has described Bitcoin as a “fundamental physics-based currency.” In an interview with Zerodha co-founder Nikhil Kamath, Musk noted that Bitcoin will remain relevant after what we know as money today has become extinct. 

Related: Here’s the Main Reason Bitcoin Dipped 5% to $85,000 on December 1

Bitcoin is Beyond Legislation

Musk considers Bitcoin an energy-based currency that is beyond legislation. As a prediction, Musk foresees a future where advances in artificial intelligence and robotics would lead to a revolution in the monetary system. According to him, that will eliminate the need for money as we know it today.

The ren…

Read The Full Article ‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value On Coin Edition.

Read the article at CoinEdition

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Seller Exhaustion or a Bottom? Strategy Gains 11% From Session's Worst Levels

Seller Exhaustion or a Bottom? Strategy Gains 11% From Session's Worst Levels

The company Monday morning announced it had raised $1.44 billion via common stock sal...
BTC Price Soars: Bitcoin’s Triumphant Rally Above $86,000 Signals Bullish Momentum

BTC Price Soars: Bitcoin’s Triumphant Rally Above $86,000 Signals Bullish Momentum

BitcoinWorld BTC Price Soars: Bitcoin’s Triumphant Rally Above $86,000 Signals Bulli...

‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value


by Ikemefula Aruogu
for CoinEdition
‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value

Share:

  • Elon Musk believes Bitcoin’s energy base will sustain it through monetary evolution.
  • Musk says Bitcoin is based on fundamental physics.
  • According to Musk, AI could become dangerous if not properly regulated.

Tesla CEO Elon Musk has described Bitcoin as a “fundamental physics-based currency.” In an interview with Zerodha co-founder Nikhil Kamath, Musk noted that Bitcoin will remain relevant after what we know as money today has become extinct. 

Related: Here’s the Main Reason Bitcoin Dipped 5% to $85,000 on December 1

Bitcoin is Beyond Legislation

Musk considers Bitcoin an energy-based currency that is beyond legislation. As a prediction, Musk foresees a future where advances in artificial intelligence and robotics would lead to a revolution in the monetary system. According to him, that will eliminate the need for money as we know it today.

The ren…

Read The Full Article ‘Impossible to Fake Energy’: Musk Doubles Down on Bitcoin’s Intrinsic Value On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Seller Exhaustion or a Bottom? Strategy Gains 11% From Session's Worst Levels

Seller Exhaustion or a Bottom? Strategy Gains 11% From Session's Worst Levels

The company Monday morning announced it had raised $1.44 billion via common stock sal...
BTC Price Soars: Bitcoin’s Triumphant Rally Above $86,000 Signals Bullish Momentum

BTC Price Soars: Bitcoin’s Triumphant Rally Above $86,000 Signals Bullish Momentum

BitcoinWorld BTC Price Soars: Bitcoin’s Triumphant Rally Above $86,000 Signals Bulli...