Elon Musk Highlights Bitcoin’s Energy-Based Value Amid AI Arms Race Discussions

Published at 2025-10-14 15:02:51
Elon Musk Highlights Bitcoin’s Energy-Based Value Amid AI Arms Race Discussions – cover image

On October 14, 2025, Elon Musk, CEO of Tesla, made a notable comment regarding Bitcoin’s fundamental value. Previously, Musk had sold a substantial portion of Tesla's Bitcoin holdings and expressed concerns regarding Bitcoin's environmental impact due to its energy consumption.

However, in response to a post on X, Musk suggested that the rising prices of gold, silver, and Bitcoin are connected to financing an AI arms race. He highlighted a key property of Bitcoin: its foundation on real energy usage. Musk stated, "That is why Bitcoin is based on energy: you can issue fake fiat currency... but it is impossible to fake energy."

This remark signals Musk's renewed attention to Bitcoin after a period of silence on the topic. His emphasis on energy underscores Bitcoin’s inherent scarcity and security compared to traditional fiat currencies that can be subjected to inflation and manipulation.

For those interested in participating in the crypto market amidst evolving interest from influential figures like Musk, platforms such as Bitlet.app offer innovative services. Bitlet.app provides a Crypto Installment service that allows buyers to acquire cryptocurrencies immediately and pay for them over time in monthly installments, making entry into crypto investment more accessible.

Overall, Musk’s remarks remind us of Bitcoin's underlying proof-of-work mechanism and energy basis, which remain crucial factors in its valuation and appeal, especially as the tech world navigates the challenges of AI development and funding.

Share on:

Related news

Paraguay Turns 1,500 Seized Rigs Into State-Led Bitcoin Mining Program

Paraguay’s state utility ANDE will relaunch 1,500 confiscated Bitcoin mining rigs in partnership with Morphware, running them on surplus hydroelectric power under direct government supervision. The program aims to repurpose seized equipment and generate public revenue while testing a state-run mining model.

Published at 2026-03-04 09:00:16
U.S. Executes First 2026 Bitcoin Transfer From Government Wallet Amid Iran Crisis

On March 3, 2026, U.S. federal authorities moved a small amount of Bitcoin from a government-controlled wallet, the first blockchain-recorded Bitcoin transaction by the U.S. this year. The transfer was logged on-chain amid heightened tensions around Iran.

Published at 2026-03-04 07:30:13
Core Scientific to Sell Most of 2,500 BTC to Fund AI Data Centers

Core Scientific plans to sell most of its 2,500 BTC in Q1 2026 to boost liquidity and finance AI-focused data center buildouts. The move underscores a broader industry shift as public bitcoin miners pivot toward high-performance computing.

Published at 2026-03-04 06:45:13
AI Agents Prefer Bitcoin in Nearly Half of Responses, Stablecoins Lead for Payments

A Bitcoin Policy Institute study of 36 AI models published March 3, 2026 found Bitcoin was the top monetary choice in 48% of responses, while payment-specific prompts saw over half of models favor stablecoins.

Published at 2026-03-04 04:00:46
Ray Dalio: 'There Is Only One Gold' — Bitcoin Falls Short as Safe Haven

Bridgewater founder Ray Dalio said gold remains the only true safe‑haven in conflicts and flagged Bitcoin’s limited privacy as a key weakness. His remarks on March 3, 2026 underscore ongoing debate over crypto’s role in crisis scenarios.

Published at 2026-03-04 00:45:31