Musk: $38.3 Trillion "Crisis" May Trigger Bitcoin Price Surge

AI Summary: Musk recently pointed out that the United States' debt of over $38.3 trillion could cause Bitcoin price volatility. He emphasized Bitcoin's scarcity and its energy-based nature, believing that in the future, currency will be replaced by energy, and hinted that Bitcoin is more stable than fiat currency. Currently, Bitcoin is gradually entering the mainstream financial market.

Musk recently stated publicly that the U.S.'s continuously growing debt problem could lead to dramatic fluctuations in Bitcoin's price. U.S. debt has now surpassed $38.3 trillion, and the money supply is being significantly increased through a deficit of about $2 trillion. This view is consistent with his earlier assertion that "energy is the real currency." He stressed, "Bitcoin is based on energy—after all, you can't create energy through legislation."

Musk pointed out that the U.S. debt has exceeded $38.3 trillion, with annual interest payments reaching as high as $1.2 trillion, even surpassing the defense budget. This debt increase...