Musk’s Energy-Based Bitcoin Perspective
Tesla CEO Elon Musk has made another statement about Bitcoin, this time focusing on its fundamental relationship with energy. In a recent post on X, Musk responded to financial news site ZeroHedge’s analysis about artificial intelligence driving a new global arms race between the US and China.
ZeroHedge had argued that the resulting liquidity surge explains recent price increases in gold, silver, and Bitcoin. Their key point was that “energy cannot be printed” – a concept Musk strongly endorsed.
The Counterfeit Argument
Musk called the post “TRUE” and elaborated on why he believes Bitcoin’s energy foundation makes it superior to traditional currencies. He stated that governments throughout history have printed fake fiat money, but energy cannot be counterfeited.
“That’s why Bitcoin is based on energy: You can print fake fiat currency, and every government in history has done so, but energy is impossible to fake,” Musk wrote in his October 14, 2025 post.
This perspective suggests Musk sees Bitcoin’s proof-of-work mechanism as fundamentally different from government-issued currencies. The energy consumption required for Bitcoin mining, often criticized by environmentalists, might actually be part of what Musk finds valuable about the cryptocurrency.
Context and Implications
Musk’s comments come at an interesting time for both Bitcoin and energy markets. With AI development requiring massive computational power and energy resources, the relationship between digital assets and energy infrastructure is becoming increasingly relevant.
It’s worth noting that Musk has been somewhat inconsistent in his Bitcoin stance over the years. Tesla briefly accepted Bitcoin payments before reversing course due to environmental concerns. His current emphasis on Bitcoin’s energy basis suggests a more nuanced understanding of the cryptocurrency’s fundamental properties.
While Musk is better known for his support of Dogecoin, his latest comments show he still sees value in Bitcoin’s underlying technology and economic model. The timing is particularly interesting given the broader discussion about energy resources in the context of AI development and global competition.
This isn’t investment advice, of course, but it does provide insight into how one of the world’s most influential tech leaders views the relationship between digital currencies and real-world resources. The energy argument for Bitcoin isn’t new, but coming from Musk, it might get more people thinking about cryptocurrency from a different angle.
