Elon Musk’s u-turn on Bitcoin: calls it ‘based on energy’; sparks crypto debate
Tesla CEO Elon Musk has reversed his stance on Bitcoin, now championing its energy-based foundation as a key to its long-term value. Musk stated that unlike fiat currency, energy cannot be faked, making Bitcoin trustworthy. This marks a significant shift from his previous environmental concerns regarding the cryptocurrency.
Tesla CEO Elon Musk has reversed his stance on Bitcoin, now championing its energy-based foundation as a key to its long-term value. Musk stated that unlike fiat currency, energy cannot be faked, making Bitcoin trustworthy. This marks a significant shift from his previous environmental concerns regarding the cryptocurrency.
