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Bitcoin Cointelegraph

Elon Musk touts Bitcoin as energy-based and inflation-proof, unlike ‘fake fiat’

Bitcoin’s energy-based economic model is set to benefit from the fiat “debasement” needed to fund the global arms race for developing the most advanced AI models.

38 /100
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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Elon Musk touts Bitcoin as energy-based and inflation-proof, unlike ‘fake fiat’

Bitcoin’s energy-based economic model is set to benefit from the fiat “debasement” needed to fund the global arms race for developing the most advanced AI models.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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