PANews reported on October 14th that financial blogger Zerohedge stated on the X platform: "Artificial intelligence has become a new global arms race, and capital expenditures will ultimately be paid for by governments. If you want to understand why the prices of gold, silver, and Bitcoin have skyrocketed, it's because governments are printing money to support this AI race, causing their currencies to depreciate. Has anyone calculated how many new nuclear power plants the United States will need to build by 2028 to power all these AIs' daily, self-satisfied transactions?" In response, Musk commented: “This is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but energy cannot be faked.”PANews reported on October 14th that financial blogger Zerohedge stated on the X platform: "Artificial intelligence has become a new global arms race, and capital expenditures will ultimately be paid for by governments. If you want to understand why the prices of gold, silver, and Bitcoin have skyrocketed, it's because governments are printing money to support this AI race, causing their currencies to depreciate. Has anyone calculated how many new nuclear power plants the United States will need to build by 2028 to power all these AIs' daily, self-satisfied transactions?" In response, Musk commented: “This is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but energy cannot be faked.”
Musk: Bitcoin relies on unforgeable energy, while legal tender has the problem of false issuance
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PANews reported on October 14th that financial blogger Zerohedge stated on the X platform: "Artificial intelligence has become a new global arms race, and capital expenditures will ultimately be paid for by governments. If you want to understand why the prices of gold, silver, and Bitcoin have skyrocketed, it's because governments are printing money to support this AI race, causing their currencies to depreciate. Has anyone calculated how many new nuclear power plants the United States will need to build by 2028 to power all these AIs' daily, self-satisfied transactions?"
In response, Musk commented: “This is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but energy cannot be faked.”
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