Elon Musk Set a $BTC Energy Test. The Data Changed.
In 2021, Tesla stopped accepting $BTC over fossil-fuel use “especially coal.”
Musk set a clear condition:
~50% clean energy
+ a positive future trend
Cambridge data:
Low-carbon energy: 37.6% → 52.4% → 59.4%
Coal: 36.6% → 8.9%
Carbon intensity: ~13% lower per TWh
Bitcoin’s monetary properties remain unchanged:
21M maximum supply
~20.06M issued
<940K left to mine
~450 BTC/day → ~225 after the 2028 halving
More capital can produce more gold.
More policy can produce more dollars.
More energy cannot produce more Bitcoin.
Difficulty adjusts.
Energy increases security not supply.
The problem Musk identified has materially improved.
The evidence supports Tesla accepting and accumulating $BTC again.
In 2021, Tesla stopped accepting $BTC over fossil-fuel use “especially coal.”
Musk set a clear condition:
~50% clean energy
+ a positive future trend
Cambridge data:
Low-carbon energy: 37.6% → 52.4% → 59.4%
Coal: 36.6% → 8.9%
Carbon intensity: ~13% lower per TWh
Bitcoin’s monetary properties remain unchanged:
21M maximum supply
~20.06M issued
<940K left to mine
~450 BTC/day → ~225 after the 2028 halving
More capital can produce more gold.
More policy can produce more dollars.
More energy cannot produce more Bitcoin.
Difficulty adjusts.
Energy increases security not supply.
The problem Musk identified has materially improved.
The evidence supports Tesla accepting and accumulating $BTC again.