“The money is not the problem: AI is the new global arms race,” ZeroHedge wrote, arguing that both the U.S. and China will ramp up energy‑intensive projects, and that the surge in gold, silver, and Bitcoin reflects “debasement” used to fund it. “But you can’t print energy,” the post concluded.
Musk agreed, replying: “True. That 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.”
True.
That 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.
— Elon Musk (@elonmusk) October 14, 2025
His comment instantly went viral, amassing tens of thousands of likes within hours. It comes as Bitcoin trades near record highs while global demand for energy infrastructure and AI computation surges.
Analysts say Musk’s remark reinforces a long‑standing thesis that Bitcoin’s proof‑of‑work model ties digital value directly to real‑world energy, contrasting sharply with the limitless issuance of fiat currencies.
As nations race to secure power for AI data centers, crypto miners, and industrial expansion, Musk’s comment captures a broader truth: in the age of artificial intelligence, energy, not capital, may become the ultimate store of value.