Elon Musk's Cryptic Bitcoin Hint: Is He Calling It 'True Currency'?

Published 23 hours ago1 minute read
David Isong
David Isong
Elon Musk's Cryptic Bitcoin Hint: Is He Calling It 'True Currency'?

In a recent social media post, entrepreneur Elon Musk asserted that energy is the true currency. This proclamation was warmly received by Bitcoin enthusiasts, who viewed it as a potent endorsement of the leading cryptocurrency and a validation of the core philosophy underpinning proof-of-work money. They interpreted Musk's statement as an indirect acknowledgment of Bitcoin's inherent superiority, given its direct tie to energy consumption, distinguishing it from traditional fiat currencies.

Musk provided a more comprehensive explanation of this philosophy during a podcast appearance approximately three weeks prior, where he explicitly linked his

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