Musk: $38.3 trillion "crisis" could trigger a surge in Bitcoin prices

According to Forbes, Elon Musk has once again warned that the U.S. is heading towards a debt crisis, which could drive Bitcoin prices significantly higher. In an interview, Musk stated, "Bitcoin is based on energy, you can't legislate energy," and predicted that in the future "currency as a concept will disappear," with energy becoming the only "real currency."

Currently, U.S. debt has exceeded $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.