As reported by TheCCPress, Elon Musk has reaffirmed Bitcoin’s status as a 'true energy currency' in recent statements on social media and a podcast, countering Peter Schiff’s criticism that Bitcoin is a 'fake asset.' Musk emphasized Bitcoin’s intrinsic value tied to energy consumption, aligning with the fact that over 50% of Bitcoin mining now uses renewable energy. His remarks have reignited discussions on Bitcoin’s energy-backed value proposition and its sustainability, influencing market sentiment and investor confidence.
Elon Musk Reaffirms Bitcoin as Energy Currency Amid Renewed Debate
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