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Elon Musk predicted that cash’s position in on a regular basis life will finally turn into out of date and advised that power and Bitcoin might change it as a very powerful measures of wealth and energy.
Throughout a latest podcast interview with Indian entrepreneur and investor Nikhil Kamath, Musk stated he believes that finally, “cash disappears as an idea.”
JUST IN: Elon Musk says Bitcoin is a real forex based mostly on power.
“You’ll be able to’t legislate power.” pic.twitter.com/jabklmsYL4
— Watcher.Guru (@WatcherGuru) November 30, 2025
Cash Will Be Out of date In A Future The place Anybody Can Have Something, Says Musk
Musk stated {that a} future the place cash is not an vital a part of every day life is a “unusual” thought to wrap one’s head round. However he argued that in a future the place “anybody can have something,” individuals will not want cash as a database of labor allocation.”
He linked his imaginative and prescient to the fast development in synthetic intelligence (AI) know-how and robotics.
“If AI and robotics are large enough to fulfill all human wants then, then cash is not… its relevance declines dramatically,” he stated.
Influencing Musk’s imaginative and prescient of a future the place cash isn’t essential is the Tradition sequence books by Scottish creator Iain Banks, which the billionaire really helpful individuals learn.
Sooner or later seen in these books, the characters don’t have cash, “and everybody can just about have no matter they need,” Musk stated.
Power Will Be The New Cash
Whereas cash won’t matter as a lot sooner or later, there might be some types of worth that may retain their significance. These “elementary currencies” might be “physics-based,” Musk stated.
He linked that to power, which the billionaire argued is “the true forex,” whereas mentioning that Bitcoin is “based mostly on power,” giving it a serious benefit over conventional fiat currencies that governments can print at will.
True.
That’s the reason Bitcoin is predicated on power: you may difficulty pretend fiat forex, and each authorities in historical past has carried out so, however it’s not possible to pretend power.
— Elon Musk (@elonmusk) October 14, 2025
Bitcoin’s power nature stems from how the Bitcoin community achieves consensus with out the necessity for centralized intermediaries. Specialised {hardware}, known as miners, consistently monitor the community and course of transactions that happen on the Bitcoin blockchain. This course of is power intensive.
For his or her work in validating transactions, miners are rewarded with new BTC and a portion of the charges collected by the community for a given time.
“You’ll be able to’t legislate power,” he stated. “You’ll be able to’t simply, you understand, go a regulation and abruptly have quite a lot of power.” He then identified that it’s tough to generate power, particularly in terms of harnessing it “in a helpful approach.”
“We in all probability will simply have power, energy era because the de facto forex,” he stated.
If that’s the case, whoever controls probably the most environment friendly power and has probably the most ample power sources will successfully management the strongest “forex,” he added.
Bitcoin Worth Tumbles
Following Musk’s feedback, the Bitcoin worth has declined by greater than 4% up to now 24 hours, in line with CoinMarketCap, amid a broader crypto market pullback attributed by some analysts to skinny liquidity.
BTC worth (Supply: CoinMarketCap)
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