Key Takeaways:
- Elon Musk emphasized Bitcoin’s energy-based foundation as a hedge against inflation driven by fiat expansion and government AI spending.
- Musk’s comments come amid rising Bitcoin prices, which analysts link to fears of currency debasement in the wake of the global AI arms race.
- Bitcoin mining sustainability has improved, potentially reopening the door for Tesla to resume BTC transactions.
Elon Musk has reaffirmed his support for Bitcoin, calling it an “energy-based” asset immune to the inflationary effects of fiat money printing.
Responding to discussions about currency debasement linked to rising government spending on artificial intelligence (AI), Musk wrote on X that “it is impossible to fake energy,” highlighting Bitcoin’s proof-of-work mechanism as a safeguard against monetary manipulation.
True.
— Elon Musk (@elonmusk) October 14, 2025
That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.
Analysts, including Zerohedge, tied Bitcoin’s recent rally to growing inflation risks driven by the global AI arms race between major powers like the U.S. and China.
This marks Musk’s most pointed Bitcoin comment since 2022, when he warned of a “long winter” during the FTX collapse that wiped out billions in investor funds.
Although Tesla halted Bitcoin payments in 2021 due to concerns about mining’s fossil fuel use, Musk indicated they could resume once mining relied on at least 50% renewable energy.
Recent industry data now shows that sustainable sources account for over 55% of Bitcoin mining, fueling speculation that Tesla may soon revisit its Bitcoin payment policy as the cryptocurrency regains macroeconomic relevance.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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