{"id":5056,"date":"2025-10-14T18:16:34","date_gmt":"2025-10-14T18:16:34","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/14\/elon-musk-praises-bitcoins-resistance-to-inflation-it-is-impossible-to-fake-energy\/"},"modified":"2025-10-14T18:16:34","modified_gmt":"2025-10-14T18:16:34","slug":"elon-musk-praises-bitcoins-resistance-to-inflation-it-is-impossible-to-fake-energy","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/14\/elon-musk-praises-bitcoins-resistance-to-inflation-it-is-impossible-to-fake-energy\/","title":{"rendered":"Elon Musk Praises Bitcoin\u2019s Resistance to Inflation: \u2018It is Impossible to Fake Energy\u2019"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Elon Musk Praises Bitcoin\u2019s Resistance to Inflation: \u2018It is Impossible to Fake Energy\u2019<\/a><\/p>\n

<\/div>\n

Elon Musk appears to be publicly paying attention to bitcoin again after years of silence.<\/p>\n

The Tesla and SpaceX CEO broke a three-year quiet streak on bitcoin early Tuesday, commenting on an X post from financial outlet ZeroHedge that tied surging gold, silver, and Bitcoin prices to global monetary \u201cdebasement\u201d driven by artificial intelligence spending.<\/p>\n

\u201cTrue,\u201d Musk replied<\/a>. \u201cThat is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.\u201d<\/p>\n

Musk\u2019s bitcoin mention drew immediate market attention on X, with traders seeing it as a potential sign of renewed interest from Musk, echoing bitcoin\u2019s narrative as \u201cdigital energy\u201d or \u201cdigital gold.\u201d<\/p>\n

After the post, pro-Bitcoin Sen. Cynthia Lummis<\/a> (R-Wyo.) praised Musk on X, saying a Strategic Bitcoin Reserve<\/a> would secure U.S. debt with a scarce, auditable asset and could help retire a significant portion of it in the future.<\/p>\n

\n

JUST IN: Senator Lummis tells Elon Musk, \u201cStrategic #Bitcoin<\/a> Reserve is the wisest thing we can do to shore up USD.\u201d<\/p>\n

\u201cGiven its scarcity, we can also use it in 20+ yrs to retire a meaningful % of US debt.\u201d pic.twitter.com\/39TvNSXazR<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 14, 2025<\/a>\n<\/p><\/div>\n

In March, President Trump signed an Executive Order creating a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile to centralize government-held crypto.\u00a0<\/p>\n

The Reserve, including the $14 billion in recently seized bitcoin, is to be held as a store of value and not sold.<\/p>\n

Elon Musk\u2019s rocky history with Bitcoin<\/h2>\n

Tesla famously purchased<\/a> $1.5 billion worth of Bitcoin in early 2021 and announced plans to accept BTC for vehicle payments. <\/p>\n

Back in 2021, Musk said<\/a>, \u201cI think Bitcoin is a good thing. I am a supporter of Bitcoin. I am late to the party but a supporter. I think Bitcoin is on the verge of getting broad acceptance by conventional finance people.\u201d<\/p>\n

Within months, however, Musk reversed course, citing environmental concerns about Bitcoin mining\u2019s heavy reliance on fossil fuels.<\/p>\n

\u201cTesla has suspended vehicle purchases using Bitcoin,\u201d he said at the time, adding that payments would resume once mining used \u201cmore sustainable energy.\u201d<\/p>\n

In mid-2022, Tesla sold<\/a> roughly 75% of its Bitcoin holdings \u2014 near the bottom of the market\u2019s decline \u2014 while maintaining a remaining stash of about 11,509 BTC, currently worth an estimated $1.29 billion, according to CoinGecko data.\u00a0<\/p>\n

Tesla sold the bulk of their holdings at an average price of roughly $29,000. Bitcoin recently hit all time highs<\/a> at the $126,000 range.<\/p>\n

Since then, Musk has largely avoided public commentary on Bitcoin and even brushed off attempts to discuss it in interviews.<\/p>\n

This post Elon Musk Praises Bitcoin\u2019s Resistance to Inflation: \u2018It is Impossible to Fake Energy\u2019<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Elon Musk Praises Bitcoin\u2019s Resistance to Inflation: \u2018It is Impossible to Fake Energy\u2019 Elon Musk appears to be publicly paying attention to bitcoin again after years of silence. The Tesla and SpaceX CEO broke a three-year quiet streak on bitcoin early Tuesday, commenting on an X post from financial outlet ZeroHedge that tied […]<\/p>\n","protected":false},"author":0,"featured_media":5057,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5056","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5056"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5057"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}