Bitcoin as an energy currency: Elon Musk and Jensen Huang's view on the future of cryptocurrencies

A perspective on Bitcoin is changing among tech leaders. Elon Musk recently described the cryptocurrency as a way to “store and transmit energy,” during an interview on November 30, arguing that “energy is the true universal currency.” Jensen Huang, CEO of NVIDIA, echoed this view by characterizing Bitcoin as an innovative mechanism for preserving energy surpluses in the digital world.

The logic behind the concept

The reasoning is intriguing: Bitcoin is not just a conventional digital asset. It embodies a real physical process—computing requires electricity, data processing, and tangible resources. In this sense, Musk and Huang suggest that cryptocurrencies capture concrete energy value, transforming it into an asset that can be stored, exchanged, and moved globally without geographical barriers.

Repositioning Bitcoin in the cryptocurrency conversation

Both executives’ statements signal an important shift in how the cryptocurrency industry is being interpreted. Instead of focusing solely on speculative or abstract technological aspects, there is a growing understanding that Bitcoin represents a tangible form of energy condensed into a portable and transferable format. This narrative brings cryptocurrencies closer to discussions about sustainability, resource efficiency, and intrinsic value based on real computational work.

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