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I watched an interview with Elon Musk ten years ago today.
Many things that sounded like fantasies back then are becoming reality.
Space travel is no longer out of reach.
And recently he mentioned that energy will become the most crucial resource of the future.
Currently, China generates about 50% of the world's electricity.
If the US wants to overtake, it can only take unconventional routes,
such as obtaining solar energy directly from outer space through SpaceX.
The AI race is essentially an energy race.
The upper limit of computing power is ultimately limited by energy.
In the future world,
the importance of fiat currency may gradually decline.
BTC's unique Proof-of-Work (PoW) consensus mechanism,
is, in a sense, a form of energy storage.
When humanity reaches a Type II civilization,
gold will no longer be scarce; the amount of gold in the universe may even exceed the amount of wood on Earth.
Perhaps in a hundred years,
BTC will become more important than gold,
so no matter what, save at least one BTC for your descendants.

Elon Musk
@elonmusk
02-08
True.
Once the solar energy generation to robot manufacturing to chip fabrication to AI loop is closed, conventional currency will just get in the way.
Just wattage and tonnage will matter, not dollars. x.com/naval/status/2…
AI's disruption of the world will be thorough.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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