Elon Musk backs Bitcoin, talks crypto future
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Elon Musk backs Bitcoin, talks crypto future
Feb 1, 2021
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10K views · 76 reactions | Electric-car maker Tesla will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, Chief Executive Officer Elon Musk said https://reut.rs/3hYaWxk | Reuters | Facebook
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3.7K views | ‼️NEW: #Elon Musk SAYS BITCOIN IS BASED ON ENERGY BECAUSE “YOU CAN ISSUE FAKE FIAT CURRENCY, AND EVERY GOVERNMENT IN HISTORY HAS DONE SO, BUT IT IS IMPOSSIBLE TO FAKE ENERGY” | Elio J. Tapia | Facebook
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Elon Musk is back talking about #Bitcoin — and this time, he’s calling it the real deal. 💥 After replying to ZeroHedge, Musk emphasized that while governments can print fake fiat, “it’s impossible to fake #energy” — the foundation of Bitcoin’s value. 🔋 Analysts note that this aligns with Bitcoin’s core thesis: mined through proof-of-work, backed by real electricity costs — not empty promises. With Musk turning bullish again, many believe this could reignite mainstream attention just as Bitcoin
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