9 May 2026

Elon Musk Says Bitcoin Is Based on Energy, Which Is Impossible to Fake

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Elon Musk Says Bitcoin Is Based on Energy, Which Is Impossible to FakeTesla and Spacex CEO Elon Musk said on Oct. 14 on X that bitcoin is based on energy, contrasting it with fiat currencies that governments can inflate. His remark was in response to a Zerohedge post linking the rise in gold, silver, and bitcoin prices to currency debasement driven by government spending on the global […]
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