Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9527
Dollar
Arrow
44,7325
Sterling
Arrow
63,0765
Gold
Arrow
6244,7555
BIST 100
Arrow
10.729

Musk's headline-grabbing prediction: This will replace the dollar from now on

Elon Musk has sparked new debates in the financial world by claiming that in the future, money will be backed by mass and energy.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
Musk's headline-grabbing prediction: This will replace the dollar from now on

Elon Musk, one of the leading figures in the technology world, has made a remarkable assessment regarding financial systems. In a post on the social media platform X, Musk stated that the US dollar could lose its value in the coming years and that mass and energy could be adopted as a new global currency instead.

Responding to a post about SpaceX's goal of building an orbital solar-powered computing infrastructure managed by artificial intelligence, Musk indicated that the currency of the future would be based on physical quantities rather than the traditional dollar.

The post to which Musk responded claimed that if the systems developed by SpaceX progress at the projected speed, the energy obtained from the sun within 30 years could exceed humanity's current total energy production by 1.8 million times. This technological leap could create a new foundation for the transformation of global economic systems.

Musk argued that following these developments in technology, the equivalent of economic value would no longer reside solely in a country's currency or classical financial systems, but would instead be replaced by dynamics based directly on usable energy and mass.

This prediction by Elon Musk, who ranks among the world's wealthiest people with a fortune of 849 billion dollars, has sparked a heated debate in technology and financial circles.


News Source: 12punto

Elon Musk