Elon Musk praises Bitcoin: The energy revolution against fiat currencies!

Elon Musk praises Bitcoin: The energy revolution against fiat currencies!

Today, October 15, 2025, Elon Musk highlighted Bitcoin as a promising, energy-based alternative to traditional fiat currencies. In a post on Platform X, Musk emphasized that Bitcoin, unlike the US dollar and similar currencies, is not subject to constant devaluation. A key feature that Musk highlights is Bitcoin's energy basis. He explained that it is “impossible to counterfeit energy,” giving Bitcoin an advantage over fiat currencies that can be printed at will by governments. This assessment supports the growing belief that Bitcoin can provide a sustainable hedge against the shortcomings of traditional currencies, which often suffer from inflationary pressures.

Musk also discussed Bitcoin's proof-of-work mechanism, which is based on computer-aided energy. This system is crucial for the security of the network as well as the minting of new coins. Another advantage Musk mentions in his post is the cap on the total number of Bitcoins at 21 million, which makes the digital asset resistant to inflation. The American entrepreneur has dealt intensively with Bitcoin, cryptocurrencies and memecoins over the years. His views on Bitcoin could have far-reaching consequences for public perception and the market.

Influence on Musk's company

Although SpaceX's exact Bitcoin allocation is unknown, there is evidence that both SpaceX and Tesla have invested portions of their reserves in Bitcoin. At Tesla, the company is known to hold around 10,500 BTC, which represents a value of around $1.18 billion at the time of publication. This information improves understanding of the financial strategy of Musk's companies and their relationship to cryptocurrencies. This makes Musk not only a visionary entrepreneur, but also an influencer on the cryptocurrency market.

Given the current economic landscape, Musk's arguments for Bitcoin as an energy asset provide an additional perspective on the future of digital money. The combination of technological innovation and a robust, secure trading mechanism could make Bitcoin more than ever a serious alternative to conventional currencies. Musk is sending a strong signal with his support for Bitcoin, which may encourage other companies and investors to take similar steps to ensure their financial stability.

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