In his message, Musk noted that fiat currencies, such as the dollar, can be printed in unlimited quantities, which exposes them to the risk of devaluation. His words were a response to a comment from a user with the nickname zerohedge, who pointed out that "energy cannot be printed." Musk fully agreed with this position.
"That's true. Bitcoin is based on energy, while fake fiat currencies can be created, and all governments in history have done this, but energy remains unforgeable," he added.
Bitcoin mining requires significant energy costs, as a powerful computing infrastructure is needed to solve complex mathematical problems. This process ensures both the security of the network and the emergence of new bitcoins.
