Crypto News Today: Elon Musk Breaks Silence on Bitcoin, Calls It ‘Impossible to Fake’ Amid AI Arms Race

Key Takeaways:Elon Musk praises Bitcoin’s energy-based model, calling it immune to fiat currency debasementBitcoin gains attention amid AI spending boom, which analysts say may trigger fiat inflationMusk’s first serious Bitcoin comment in 3 years, since predicting “long winter” post-FTX collapse Elon Musk broke a three-year silence on BTC, calling it inflation-proof amid rising AI-driven fiat spending. His comments sparked renewed debate over Bitcoin's energy use and value proposition in a rapidly digitizing economy. Musk Backs Bitcoin in Response to AI Spending ConcernsTesla CEO Elon Musk publicly endorsed Bitcoin’s energy-based proof-of-work model in an Oct. 13 post on X, calling it a safeguard against fiat currency manipulation source: https://www.binance.com/en/square/post/31007308053841?utm_source=BinanceNewsRSS