Elon Musk Predicts the Death of Money, Suggests Energy-Based Bitcoin Will Survive
Elon Musk painted a future where money fades from everyday life, while energy-based value takes its place as the key measure of wealth and power.
Speaking on a recent podcast with Indian entrepreneur and investor Nikhil Kamath, Musk said that he thinks “money disappears as a concept” eventually.
He called that idea “kind of strange,” but argued that in a future where “anyone can have anything,” people “no longer need money as a database for labor allocation.”
He linked that vision directly to advances in artificial intelligence and robotics. “If AI and robotics are big enough to satisfy all human needs then, then money is no longer… its relevance declines dramatically,” he said.
To ground the idea, Musk pointed to science fiction. He cited the Culture series books by Scottish author Iain Banks, and recommended that people read them.
