Elon Musk Suggests Bitcoin May Be Viewed as Energy-Backed Amid Rising AI and Data Center Power Demands
Elon Musk Suggests Bitcoin May Be Viewed as Energy-Backed Amid Rising AI and Data Center Power Demands
CoinOtag 2025-10-14 16:04:21
Bitcoin backed by energy: Elon Musk argues Bitcoin’s value is anchored to the real-world energy expended in proof-of-work mining, tying issuance to a measurable resource rather than discretionary fiat printing;