Elon Musk Calls Bitcoin a Fundamental Currency Based on Energy
Musk reiterates his view that Bitcoin’s value is tied to energy, describing energy itself as the "true currency."
BTC
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Terms & Concepts
- Bitcoin: A decentralized digital currency that operates without a central authority, relying on blockchain technology for transactions.
- Blockchain: A distributed digital ledger that records transactions securely and transparently across a network.
- Energy-based currency: A monetary concept where the value is fundamentally linked to energy production or consumption.
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