Elon Musk Praises Bitcoin’s Resistance To Inflation

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 surging gold, silver, and Bitcoin prices to global monetary “debasement” driven by artificial intelligence spending.

“True,” Musk replied. “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.”

Musk’s bitcoin mention drew immediate market attention on X, with traders seeing it as a potential sign of renewed interest from…

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