Tech mogul Elon Musk is bigging up Bitcoin (BTC) after multiple years of silence in regards to the showpiece digital asset. This happened in a thread deeming regular currencies too feeble, as tech enthusiasts debate over AI’s impact.
The SpaceX, Twitter & Tesla Motors chief spat out some very encouraging words for Bitcoiners, recognizing energy as a verifiable source & explaining how fiat currencies are naturally more prone to manipulation due to trust being the foundational trait.
Ultimate Argument For Bitcoin: “You Can’t Print Energy”
According to Elon, Bitcoin’s Proof of Work (PoW) consensus solves this problem perfectly, as it doesn’t require reliance on trust: “you can issue fiat currency, and every government in history has done so”. In contrast, there’s no way of faking Bitcoin (BTC) mining, as it’s all energy-based.
While defending the PoW mechanism, Elon ‘The Dogefather’ Musk bumped into Sir Doge Of The Coin, a strong voice in the Dogecoin (DOGE) community. They reminded the X crowd about Dogecoin (DOGE) sharing the same consensus, pivoted by computer virtuoso Billy Markus back in 2009 as a joke alternative to BTC.
Intriguingly, this out-of-the-blue endorsement of Bitcoin (BTC) & Dogecoin (DOGE) comes as the House Of Doge, the official corporate subsidiary of the non-profit Dogecoin Foundation, made a deal to expand the treasury to $50 million in order to land a potential NASDAQ listing.
This is done with a merge agreement with Brag House Holdings, which is a NASDAQ-approved digital media company. If Dogecoin’s (DOGE) presence on traditional markets is bolstered by this digital firm, this would mark the first instance of a meme coin directly entering Wall Street.
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Elon Musk highlighted that Bitcoin (and by extension Dogecoin) is based on real energy expenditure through mining, making it a superior store of value to fiat currencies, which governments can print infinitely.
Musk argues energy can’t be faked, tying crypto’s scarcity and proof-of-work to tangible real-world costs, unlike fiat’s inflationary risks amid global AI and energy demands.
House of Doge, the Dogecoin Foundation’s commercial arm, is merging with Nasdaq-listed Brag House Holdings in a $50M reverse takeover to create a public company focused on Dogecoin-based finance, gaming & engagement.
The deal positions Dogecoin for institutional adoption by listing on Nasdaq in 2026, building yield products via partners like Robinhood and 21Shares, and holding over 837M DOGE to bridge memes with traditional markets.
Track ETF approvals, the merger’s shareholder vote, and DOGE price reactions to Nasdaq listing—potential for volatility but growth in regulated products & community-driven utility.
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