Is Bitcoin Future Currency? Elon Musk Might Be Hinting at That; Community Reacts

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Elon Musk describes a future currency Musk calls Bitcoin "fundamental physics-based currency" Bitcoin price curve reverses Advertisement In a recent interview , Tesla and SpaceX CEO, tech magnate Elon Musk, has shared his vision of a currency in the future. The value behind it is totally different from what any bank executive would mention, and the crypto community interpreted Musk’s words as the description of Bitcoin. Elon Musk describes a future currency In a podcast called Moonshots, Musk told the host, Peter Diamandis, that he believes the only real currency in the future would be “energy” or putting it in a simpler way “how much power is being turned into work of some kind.” Basically, this can be described as work and energy. Some within the crypto community on the X social media platform have interpreted as the key components of Bitcoin and its verification mechanism, Proof of Work, when computational power is used to solve complex math problems to validate transactions on the BTC network. HOT Stories CNBC Declares XRP the 'Breakout Trade of 2026' Ripple President: We Still Plan to Remain Private Top US Exchange Puzzled by XRP Rally Ripple Moves $652 Million in XRP, Shiba Inu (SHIB) Price Makes Big Breakout Move, Legendary Trader Bollinger Issues Bullish Bitcoin Price Prediction — Crypto News Digest “He’s hinting at bitcoin for sure,” an X user, @MoonCallXBT, tweeted . Many other commentators agreed with him. However, Musk did not mention the world’s largest cryptocurrency directly. Advertisement Musk calls Bitcoin "fundamental physics-based currency" At the end of November, during a podcast appearance, Musk made a similar statement, this time directly referring to Bitcoin. He stated that “energy is the true currency” and BTC was based on it. “This is why I said Bitcoin is based on energy. You can't legislate energy," he stressed. Musk believes that true energy is hard to harness. However, in the above-mentioned Moonshots with Peter Diamandis podcast, the world’s richest man shared his vision of providing humanity with an unbelievable supply of energy. To achieve that, mankind will have to start harnessing the energy of the sun. Even a tiny part of the energy produced by the sun could give humanity more energy it produces on a regular basis using fossil fuels. Advertisement You Might Also Like Sun, 11/30/2025 - 17:53 'True Currency': Elon Musk Makes Major Bitcoin Statement By Alex Dovbnya Bitcoin price curve reverses After the 8.16% growth demonstrated by the world’s bellwether currency, Bitcoin, between January 1 and January 5, when BTC surged from $87,350 to slightly above $94,000 level, BTC has reversed and is currently changing hands at around $92,000 after briefly dropping below that mark. The crypto market has been going down despite the recent Federal Reserve cuts. Among the multiple reasons that have made investor confidence fade is the recent external US policies. #Elon Musk #Bitcoin