Elon Musk Says Bitcoin Is Impossible to Counterfeit: “It’s Energy”
- Bitcoin is energy-based, says Elon Musk
- Governments can counterfeit fiat currency, not energy
- Musk reinforces the energy value of Bitcoin mining
During an interaction on the X network today, Elon Musk once again highlighted Bitcoin's energy-rich nature, differentiating it from traditional fiat currencies. The billionaire commented in response to a post about governments using money printing to finance advances in artificial intelligence, boosting gold, silver, and cryptocurrencies.
The post stated that “you can’t print energy,” to which Musk responded:
"True. That's why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but you can't fake energy."
Musk's statement connects directly to the essence of Bitcoin mining, a process in which high-powered computers perform complex calculations to validate transactions on the network. This mechanism, which requires large amounts of electricity, is precisely what makes the network resistant to forgery and manipulation.
True.
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.
- Elon Musk (@elonmusk) October 14, 2025
Although he didn't directly mention specific projects, the idea that Bitcoin represents energy isn't new. Michael Saylor, executive president of strategy at MicroStrategy, has previously described the cryptocurrency as "digital energy," comparing its potential to milestones like fire or oil. For Saylor, Bitcoin is a technology that stores and transfers value across time and space.
Elon Musk's relationship with Bitcoin isn't new either. Tesla, one of his companies, currently holds 11.509 BTC, valued at approximately $1,3 billion, according to data from Arkham Intelligence. Although it has stopped accepting the cryptocurrency as a form of payment for environmental reasons, the company remains exposed to the asset.
In early 2025, Musk also declared that his newly founded political party, the "America Party," would adopt Bitcoin as its monetary benchmark.
At the time of publication, Bitcoin was trading at $110.902, down 3% over the past 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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