Elon Musk’s Shocking Prediction on the Future of Bitcoin

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The world’s richest participant, Elon Musk, dropped some critical loot in a current podcast, revisiting Bitcoin after a protracted silence and defining it as a “elementary, physics-based forex.”

Musk said, “Actual cash is power. That’s why I say Bitcoin is predicated on power. You may’t patch power with laws; you’ll be able to’t simply move a legislation and spawn an power surplus.” He emphasised that producing or optimizing power is strictly hard-coded into actuality—it’s tough to faux.

Musk additionally pointed to the Kardashev Scale—the scientific framework that ranks civilizations by their power mastery—as a vital HUD for evaluating civilization’s progress.

The Way forward for Foreign money: Sport Over for Money?

Musk predicts that cash itself may finally get deleted from the server. “In a future the place everybody has entry to all the things, I don’t assume we’ll want cash as a database for labor allocation,” he defined. He argued that when AI and robotics degree up sufficient to satisfy all human wants, the idea of cash will grow to be meaningless.

The Tesla CEO discovered the blueprints for this imaginative and prescient in Iain M. Banks’ “Tradition” collection. This sci-fi saga depicts one of many final post-scarcity civilizations. The Tradition is a galactic society with no cash, no shortage, the place grinding for work is completely elective, people have prolonged lifespans, and super-intelligent AIs—referred to as “Minds“—administer the system. Musk famous, “Within the Tradition books describing this far future, there isn’t a cash. Individuals can mainly loot or craft no matter they need.”

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