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Elon Musk and NVIDIA CEO Jensen Huang Endorse Bitcoin as an "Energy Currency"
Prominent tech leaders Elon Musk and NVIDIA CEO Jensen Huang have both highlighted Bitcoin’s unique role in transforming energy into a portable, storable digital asset—positioning BTC as an “energy currency.”
Chinese crypto journalist Wu Blockchain recently spotlighted statements from both figures, emphasizing Bitcoin’s ability to capture and transfer real-world energy (electricity + computation) globally without loss.
Bitcoin as a Bridge Between Energy and Economics
Energy underpins all economic value, and Bitcoin exemplifies this by converting surplus power—often from renewable sources like solar, wind, or hydro—into a digital form that can be stored and transported anywhere.
Jensen Huang described Bitcoin as a “new storage vehicle for surplus energy” in an interview with Margaret Spellings, President and CEO of the Bipartisan Policy Center. He argued it provides an efficient way to relocate excess energy for productive use, preventing waste common in traditional renewables.
Elon Musk echoed this view, stating in an interview that “energy is the true currency.” Drawing from the law of conservation of energy (“energy can neither be created nor destroyed, only transformed”), Bitcoin effectively changes physical energy into a borderless digital asset.
This mechanism works through mining: excess electricity powers computation, producing Bitcoin that can then be moved instantly worldwide—turning potential waste into value.
Bitcoin Leading DeFi as the World’s Energy Currency
Bitcoin has solidified its dominance in the digital economy and is increasingly seen as central to decentralized finance (DeFi). Its mining process captures otherwise stranded or surplus energy, converting it into a transferable asset.
As global energy production grows—particularly from intermittent renewables—Bitcoin offers a novel solution: monetizing and mobilizing power that would otherwise go unused.
Elon Musk Amplifies Jensen Huang’s Leadership Philosophy
In a separate but related endorsement, Elon Musk shared a clip from Jensen Huang’s March 2024 Stanford Graduate School of Business interview on X (formerly Twitter) on Sunday.
Musk captioned the post “This is the way,” praising Huang’s emphasis on humility and hands-on leadership.
In the clip, Huang recounted his early jobs as a busboy, waiter, dishwasher, and toilet cleaner: “To me, no task is beneath me… I’ve cleaned more toilets than all of you combined.” He used humor to stress service-oriented leadership.
Huang explained his approach remains unchanged: offering input on tasks demonstrates problem-solving (“strategy, forecasting, breaking down problems”) and empowers teams.
While this exchange focused on work ethic, Musk’s amplification underscores mutual respect between the two CEOs—both of whom have publicly supported Bitcoin’s innovative potential.