Elon Musk Comments on Bitcoin’s Energy Basis Amid AI Debate

Elon Musk's Tesla initially purchased $1.5 billion in bitcoin (BTC) in early 2021 and intended to accept it as payment.
Tesla later reversed its decision due to environmental concerns about bitcoin's energy consumption.
In mid-2022, Tesla sold 75% of its bitcoin holdings amid the crypto market downturn.
Recently, Musk engaged with a Zerohedge post discussing the rise of gold, silver, and bitcoin due to global economic factors.
Musk agreed with the notion that bitcoin is rooted in energy, contrasting it with fiat currency, which can be artificially created.
Musk's engagement suggests he is attentive to discussions on currency "debasement" but his future involvement with bitcoin remains uncertain.