Elon Musk claims that the U.S. debt crisis could drive Bitcoin prices soaring

According to TechFlow on December 2, Forbes reported that Elon Musk once again warned that the U.S. is heading towards a debt crisis, which could significantly boost Bitcoin prices. Musk stated in an interview, "Bitcoin is based on energy, you cannot legislate energy," and predicted that in the future, "the concept of currency will disappear," with energy becoming the only "true currency".

Currently, the U.S. debt has surpassed $38.3 trillion, and Musk pointed out that the U.S. money supply has increased significantly, with an annual deficit of about $2 trillion. He predicts that the development of artificial intelligence will drive the output of goods and services to exceed the inflation rate within three years, potentially leading to deflation and interest rates approaching zero.