#美联储重启降息步伐 Musk and Jensen Huang have both independently referred to Bitcoin as an "energy currency." That sounds pretty cool, but is it also hinting that the U.S. power supply is actually quite tight?

It's not an issue of resources. The U.S. has plenty of coal reserves, and there's no shortage of natural gas or oil either. The real bottleneck is the outdated power grid.

What's the most frustrating part? Just to get a new high-voltage line approved can take ten years of bureaucratic wrangling. By the time the construction crew actually gets to work, the occupant of the White House could have changed twice.

So the root problem isn't a lack of energy reserves—it's that the entire approval system is so sluggish it makes you question reality. The result is that grid upgrades can never keep up with the growth in demand, and the electricity consumption of something like Bitcoin, this "energy currency," just makes this contradiction obvious. Sometimes, when technology advances too quickly, infrastructure becomes the bottleneck.