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Elon Musk predicted that cash’s position in on a regular basis life will finally grow to be out of date and advised that power and Bitcoin could change it as an important measures of wealth and energy.
Throughout a current podcast interview with Indian entrepreneur and investor Nikhil Kamath, Musk stated he believes that finally, “cash disappears as an idea.”
JUST IN: Elon Musk says Bitcoin is a real foreign money based mostly on power.
“You may’t legislate power.” pic.twitter.com/jabklmsYL4
— Watcher.Guru (@WatcherGuru) November 30, 2025
Cash Will Be Out of date In A Future The place Anybody Can Have Something, Says Musk
Musk stated {that a} future the place cash is now not an necessary a part of each day life is a “unusual” concept to wrap one’s head round. However he argued that in a future the place “anybody can have something,” individuals will now not want cash as a database of labor allocation.”
He linked his imaginative and prescient to the fast development in synthetic intelligence (AI) expertise and robotics.
“If AI and robotics are large enough to fulfill all human wants then, then cash is now not… its relevance declines dramatically,” he stated.
Influencing Musk’s imaginative and prescient of a future the place cash isn’t essential is the Tradition collection books by Scottish writer Iain Banks, which the billionaire beneficial individuals learn.
Sooner or later seen in these books, the characters don’t have cash, “and everybody can just about have no matter they need,” Musk stated.
Power Will Be The New Cash
Whereas cash may not matter as a lot sooner or later, there will probably be some types of worth that may retain their significance. These “elementary currencies” will probably be “physics-based,” Musk stated.
He linked that to power, which the billionaire argued is “the true foreign money,” whereas declaring that Bitcoin is “based mostly on power,” giving it a significant benefit over conventional fiat currencies that governments can print at will.
True.
That’s the reason Bitcoin relies on power: you may problem pretend fiat foreign money, and each authorities in historical past has completed so, however it’s not possible to pretend power.
— Elon Musk (@elonmusk) October 14, 2025
Bitcoin’s power nature stems from how the Bitcoin community achieves consensus with out the necessity for centralized intermediaries. Specialised {hardware}, referred to as miners, continuously monitor the community and course of transactions that happen on the Bitcoin blockchain. This course of is power intensive.
For his or her work in validating transactions, miners are rewarded with new BTC and a portion of the charges collected by the community for a given time.
“You may’t legislate power,” he stated. “You may’t simply, , move a regulation and all of the sudden have lots of power.” He then identified that it’s tough to generate power, particularly relating to harnessing it “in a helpful approach.”
“We in all probability will simply have power, energy era because the de facto foreign money,” he stated.
If that’s the case, whoever controls probably the most environment friendly power and has probably the most plentiful power sources will successfully management the strongest “foreign money,” he added.
Bitcoin Worth Tumbles
Following Musk’s feedback, the Bitcoin value has declined by greater than 4% up to now 24 hours, based on CoinMarketCap, amid a broader crypto market pullback attributed by some analysts to skinny liquidity.
BTC value (Supply: CoinMarketCap)
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