Energy is the true currency — this idea has recently resonated quite a bit in the tech circle.

At the end of the month, SpaceX founder mentioned in an interview that Bitcoin is essentially a form of energy currency. His logic is straightforward: you can't create energy out of thin air by writing laws, and energy and electricity production are the foundations of hard currency. In other words, in this energy-driven world, whoever controls electricity production holds the true pricing power of wealth.

This idea actually hits many people's points of reflection. Bitcoin’s mining mechanism itself is a direct reflection of energy consumption—miners invest electricity costs to produce output. And the authenticity of this energy consumption has, paradoxically, become an important endorsement of Bitcoin’s value. Compared to fiat currencies that can be printed infinitely, Bitcoin appears especially real because of its scarcity and the objective existence of energy costs.

From a macroeconomic perspective, the era of global energy tension and electricity supply becoming a strategic resource has arrived. Against this backdrop, re-examining Bitcoin as an energy currency may explain why it often gains popularity during financial crises and rising inflation expectations. Not because it has some mysterious attribute, but because its value derives from real and verifiable energy input.