Elon Musk returns to Bitcoin and links it to AI: “It is based on energy, impossible to counterfeit”
By Hannah Perez
Musk linked Bitcoin, energy, and the rise of AI in a single comment. “Bitcoin is based on energy,” he said, defending the cryptocurrency from “fake” fiat issuance. Is the tycoon interested in Bitcoin again?
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- Elon Musk links Bitcoin, energy, and the rise of AI in a single comment.
- “Bitcoin is based on energy,” he said, defending the cryptocurrency from “fake” fiat issuance.
- Tesla bought BTC but discarded it under the argument of the use of non-renewable energy in mining.
- Is the tycoon interested in Bitcoin again?
Elon Musk, the technology magnate and CEO of tesla and SpaceXhas once again created a stir in the world of cryptocurrencies with a comment on its X platform about Bitcoinlinking cryptocurrency with AI technology and energy.
In a response published this Tuesday, Musk stated: “Bitcoin is based on energy: fake fiat currency can be issued, and every government in history has, but it is impossible to fake energy”.
This statement highlights the intrinsic link of Bitcoin with real energy consumption, in contrast to currencies fiat that governments can print unlimitedly.
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
Musk’s comment arose in response to a publication by the financial media ZeroHedgewhich discussed the rise of artificial intelligence (AI) as a ““global arms race” which will require hundreds of new nuclear plants in the US by 2028.
In the original post, ZeroHedge had indicated that the governments of the United States and China will have no problem financing this massive spending by issuing currencies, a measure that would drive up the prices of assets such as gold, silver and Bitcoinwidely used as refuges against monetary devaluation.
“If you want to know why gold, silver and Bitcoin are skyrocketing, it’s debasement to fund the AI arms race“, public ZeroHedge. “But you can’t print energy”.
Musk agreed with this argument, emphasizing that “cannot print energy” and positioning Bitcoin as an asset backed by a scarce and verifiable resource —as opposed to fiat currencies such as the dollar and the yen.
Is Musk interested in Bitcoin again?
This is not Musk’s first comment on Bitcoinbut the first in a long time.
In February 2021, tesla announced the purchase of 1.5 billion dollars in Bitcoin and planned to accept cryptocurrency payments for its vehicles. However, in May of that year, it suspended this option citing environmental concerns due to the high energy consumption of coal mining. Bitcoinbased on the proof of work (PoW) model. In July 2022, during the crypto bear market, tesla sold 75% of its holdings Bitcoin for approximately USD $936 million, arguing the need for liquidity in the face of macroeconomic uncertainties and COVID closures in China.
Despite this, Musk has maintained that he supports “crypto in principle“, differentiating between its technological merit and its environmental impact. Currently, tesla It holds around 11,509 BTC, valued at around $1.29 billion at the current market price.
Reaction and concerns about energy use in AI
The crypto community reacted enthusiastically to Musk’s words, with immediate responses in X including questions about whether tesla will resume payments in Bitcoin and statements like “Elon is talking about Bitcoin again. We are back!”.
Prominent figures such as Michael Saylor, CEO of Strategythey responded highlighting that “The laws of nature are superior to the laws of man.”. Other users, like @dogeofficialceo, extended the debate to Dogecointhe cryptocurrency that Musk himself has promoted as his favorite, who responded with a “💯” in agreement.
In the broader context, Musk’s comment comes at a time of global concerns over energy consumption driven by AI and cloud computing. Projections indicate that this demand could require advances in renewable energy, storage and efficiency, since building large-scale nuclear plants in short timeframes is unrealistic.
Bitcoinwith its dependence on energy for mining, is presented as a hedge against inflation derived from government money printing.
Bitcoin does not react, falls below USD $111,000
Musk’s words also come at a time of high volatility for the cryptocurrency market, caused by trade tensions between China and the US. Bitcoin has fallen a 3.2% in price in the last 24 hours and is slightly below USD $111,000 at the time of writing, according to data from CoinGecko.
For now, there is no indication that tesla have plans to resume payments in Bitcoin. In 2021, Musk raised the condition that mining reach at least 50% clean energy in order to resume payments with said cryptocurrencies.
However, this return to the topic suggests that the billionaire businessman continues to monitor the “devaluation trade” and the role of digital currencies in a world of growing energy demands.
Taking into account the influence Musk has had on cryptocurrency prices in the past, his comment Bitcoin could be interpreted as a bullish signal. The community awaits more statements that could move the market once again.
Article written with the help of AI, edited by DailyBitcoin
Image generated with AI, under free use license
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