American billionaire Elon Musk unveiled his vision for the future of the global economy, pointing out that energy, not traditional money, will govern transactions in the future, affirming that energy is the "real currency."
Musk clarified in a recent interview that the value of energy cannot be manipulated in the same way as traditional currencies, making it the true foundation of wealth.
Musk said: "Energy is the real currency. He pointed out that the need to make a real effort to generate energy makes it an asset that cannot be inflated by a government or bank decision."
Musk linked his view on energy to cryptocurrencies, noting that the strength of currencies like Bitcoin lies in their connection to the energy consumption required for mining and verification processes. He said: "That's why I said Bitcoin is energy-based."
Musk concluded his remarks with a bold prediction about the future of economic transactions, stating that the world is heading towards a phase where the ability to generate energy will be the main driver of exchange, and he said: "I think we probably won't have money, and we'll probably only have energy generation as cryptocurrency."
Source: Watcher Guru
