Bitcoin’s Power Lies in Real Energy, Not Printed Cash

Elon Musk's Bitcoin Energy Thesis Cited By Cynthia Lummis To Back Strategic Reserve, While Pierre Farragu Hails It As BTC's Most 'Compelling' Argument

Sen. Cynthia Lummis (R-Wyo.) referenced Elon Musk's argument on Bitcoin’s (CRYPTO: BTC) energy model on Tuesday to build a case for a strategic reserve of the cryptocurrency Lummis Supports Musk’s Thesis Lummis lent support to Musk’s statement that “Bitcoin is based on energy” and, unlike fiat currencies, governments cannot “fake” energy by printing it. “Add this to the reasons why a Strategic Bitcoin Reserve is the wisest thing we can do to sho…

Bitcoin’s Power Lies in Real Energy, Not Printed Cash

Elon Musk has shared his view that Bitcoin BTC offers protection against inflation, especially during times when governments may print more money to fund major projects.