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Elon Musk: Bitcoin’s Value Comes from Energy

Published by
Sohrab Khawas

Elon Musk explained that Bitcoin’s value is tied to real energy use. Unlike fiat currencies, which governments can print without limit, energy is a finite resource that can’t be faked. This makes Bitcoin unique because mining requires actual energy consumption, grounding its value in something tangible. Musk’s point highlights why Bitcoin is considered more secure and trustworthy compared to traditional money, which has historically been subject to inflation and devaluation by governments.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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