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Home»Bitcoin»Bitcoin again obtains the Elon Musk approval seal
Bitcoin

Bitcoin again obtains the Elon Musk approval seal

August 8, 2025No Comments
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Confidence editorial Contents, examined by the main experts in the industry and experienced publishers. Advertising disclosure

Late on August 7, 2025, Elon Musk pulled a single “😂” under an article Coinbase on X which presented an animated renewal generated by Grok from the classic Bitcoin assistant “Magic Internet Money”. The minimalist reaction of the billionaire of the billionaire was sufficient to light another series of speculation according to which he remains firmly in the corner of Bitcoin. The Coinbase clip, subtitled “Grok Imagine: Bring this legend”, transforms the 2013 pixelated assistant into a short neon blue video – an unmistakable wink to the first Bitcoin basic marketing slogan.

Elon Musk again kisses Bitcoin

The meme itself dates back to a competition on R / Bitcoin over ten years ago. In April 2013, the Subreddit moderators asked users to design an ad that could work in the sidebar of Reddit; An MS-Paint sorcerer has been drawn in a hurry leading a gold coin and declaring “Magic Internet Money” won by popular vote. Despite (or perhaps because of) its raw aesthetics, the image has encapsulated the foreign charm of the BTC and has since become a shortcut for the provocative irreverence of the cryptocurrency.

Musk’s latest emoji are small but strategic. During last month, he repeatedly forged Bitcoin in his political and technological companies. During the “American Party” uniform – an emerging political vehicle, it floated as an alternative to the two -party system – Musk said that “Fiat is hopeless, then yes”, after being questioned if the American party “kissed” Bitcoin. This declaration followed a new internal transfer of around $ 150 million to BTC by SpaceX, strengthening the idea that Musk companies remain long -term holders.

A few days before the sorcerer’s position, Musk turned to his assistant XAI Grok to question one of the most persistent existential questions: the quantum-computer threat. “Bitcoin’s hash is secure for the moment,” replied Grok, attributing a probability “almost 0%” that a quantum machine could break the SHA-256 in the five years and “less than 10% by 2035” taking into account current QUBIT road cards.

In another example of the recurring references of Musk BTC, June saw the announcement of “XChat”, a new series of messaging on his X social media platform (formerly Twitter). Musk revealed that the system is built on rust and incorporates the “bitcoin” style encryption, a choice which he admitted as a commitment to the principles of safety and decentralization for a long time associated with cryptocurrency.

Musk’s public statements have rarely moved the markets as violently as during the 2021-2022 bull race, but its influence continues. Tesla lists more than 10,725 BTC on its assessment, and SpaceX could contain an additional nine -digit reserve. In this backdrop, even an emoji who has laughs can be read as tacit approval, especially when it revives a relic of the anarchic child of the BTC.

At the time of the press, BTC exchanged $ 116,560.

Bitcoin price
FIB 1.272 remains a key resistance, graphic at 1 day | Source: BTCUSDT on tradingView.com

Star image created with dall.e, tradingView.com graphic

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