That troublemaking billionaire from the tech world has dropped another bombshell. In early December, he set his sights on America’s astronomical $38.3 trillion debt, bluntly stating that this could ignite a surge in digital gold.

This time, he’s not just talking off the cuff. His theory sounds pretty wild—traditional currency is doomed to fail sooner or later, and the only reliable “money” should be energy. By that logic, those digital assets powered by computing power and electricity are actually more solid in value.

The timing is intriguing as well. The whole market is watching what the Fed will do this month, and just as everyone’s on edge, here he is saying: Take a look—is the money printed from a $2 trillion deficit really that appealing? Even more dramatically, he predicts that within three years, AI will push productivity to new heights, flooding the market with goods and making money less valuable—inflation will turn into deflation, interest rates will drop to zero, and debt pressure will ease naturally.

Although he’s had a falling out with a certain political heavyweight, this tech maverick has never wavered in his attitude toward digital assets. His statement that “the real America will choose digital gold, not cling to hopeless paper money” sounds like a bet on a revolution in the monetary system. With $38.3 trillion in debt hanging over us, will the crypto market actually usher in a new wave of euphoria?