‘Impossible to fake energy’: Musk reverses stance, backs Bitcoin — What he said

Elon Musk has once again highlighted Bitcoin’s energy-backed foundation, contrasting it with easily debased fiat currencies. This aligns with his long-held view of Bitcoin’s intrinsic value. Despite past environmental concerns with Tesla accepting Bitcoin, both Tesla and SpaceX reportedly hold significant Bitcoin reserves, suggesting continued faith in the cryptocurrency’s potential amidst market fluctuations.