Tech billionaire doubles down on his crypto stance. In a recent statement, Musk articulated why he views Bitcoin as genuine currency rather than speculative asset. His reasoning? The network's proof-of-work mechanism ties its value directly to computational energy expenditure. "Bitcoin qualifies as real money because it's fundamentally energy-based," he explained. This perspective frames BTC less as digital gold and more as stored energy in monetary form—a narrative that's gaining traction among institutional voices.