[Coin World] Musk has fired another shot recently. In an interview on December 2nd, he once again sounded the alarm - the US debt crisis could become a catalyst for a big pump in Bitcoin.
He brought out his "Energy Currency Theory" again: "The essence of Bitcoin is energy; you can't regulate energy itself with laws." More radically, he directly predicts that the concept of traditional currency will disappear, and energy will be the ultimate form of currency.
The numbers are there: U.S. debt has soared to $38.3 trillion, the money supply is expanding crazily, and the annual deficit is burning through $2 trillion. According to Musk's logic, this money printing game can't go on forever.
Interestingly, his judgment on AI is that within three years, artificial intelligence will boost production efficiency to a level where inflation cannot keep up, and by that time, deflation may occur, with interest rates dropping to zero. With this combination of factors, the narrative of Bitcoin as an anti-inflation asset might need to be rewritten.
Whether you believe his theory or not, at least one thing is certain.