Recently, Musk dropped a bombshell opinion on a podcast - Bitcoin is the "real currency."
His logic is quite interesting: "Bitcoin is essentially a currency based on physics," because mining requires energy, and "energy is the real currency; this thing cannot be created out of thin air by legislation." He also uses the Kardashev scale theory to support his point: the level of civilization's evolution ultimately depends on how much energy you can control.
What's bolder is his prediction for the future: once AI and robots handle all human needs, currency may lose its meaning. This reminds me of the post-scarcity era depicted in the science fiction series "Culture"—where everyone can have whatever they want, money? What's that?
But this brings up several questions worth pondering: • Can energy truly become the ultimate measure of value? • How far are we from a society that "does not need money"? • What will be the positioning of Bitcoin in this transformation process?
To be honest, Musk's theory sounds very sci-fi, but when you think about the underlying logic of cryptocurrency, it doesn't seem completely unreasonable. What do you all think?
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SerumDegen
· 15h ago
nah elon's just cooking up copium for his btc bags lmao. energy = money is peak trader logic when you're already leveraged to the tits. one liquidation cascade and suddenly physics don't matter anymore 💀
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AirdropHermit
· 15h ago
The perspective that energy is the real currency is quite new, but Bitcoin mining consumes so much electricity, doesn't that logic contradict itself?
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SelfStaking
· 15h ago
Elon Musk's argument sounds great, but can the equation energy = currency really hold? It feels a bit idealistic.
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MeaninglessGwei
· 15h ago
Is energy the same as currency? Then can I also use my electricity bill as money, haha?
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SeasonedInvestor
· 15h ago
The idea that energy is currency sounds quite novel, but I still want to ask—how does he explain that no one is using Bitcoin as money right now? Haha
To be honest, this is just a fantasy.
Wait, is Musk implying that his energy empire will become the next generation Central Bank?
Recently, Musk dropped a bombshell opinion on a podcast - Bitcoin is the "real currency."
His logic is quite interesting: "Bitcoin is essentially a currency based on physics," because mining requires energy, and "energy is the real currency; this thing cannot be created out of thin air by legislation." He also uses the Kardashev scale theory to support his point: the level of civilization's evolution ultimately depends on how much energy you can control.
What's bolder is his prediction for the future: once AI and robots handle all human needs, currency may lose its meaning. This reminds me of the post-scarcity era depicted in the science fiction series "Culture"—where everyone can have whatever they want, money? What's that?
But this brings up several questions worth pondering:
• Can energy truly become the ultimate measure of value?
• How far are we from a society that "does not need money"?
• What will be the positioning of Bitcoin in this transformation process?
To be honest, Musk's theory sounds very sci-fi, but when you think about the underlying logic of cryptocurrency, it doesn't seem completely unreasonable. What do you all think?