Musk recently dropped another bombshell opinion—the US’s $38 trillion national debt is like a ticking time bomb, and Bitcoin could become the biggest beneficiary of this crisis.

First, just look at how staggering the numbers are. US debt has exceeded $38 trillion, with annual interest payments alone over $1.2 trillion—higher than the defense budget. What’s even crazier is that the government is still relying on $2 trillion annual deficits to pay off old debt with new borrowing. This kind of operation makes you wonder: how much longer can the dollar’s purchasing power hold up?

Musk has given his answer. He believes that true currency should be energy, because energy can’t be created out of thin air by legislation. Bitcoin mining requires the consumption of real electricity, with each coin backed by an actual energy cost. This is in sharp contrast to fiat currencies that can be printed infinitely; Bitcoin’s 21 million cap is inherently designed to resist inflation.

History has already shown us this once. When the world flooded the market with liquidity in 2020, Bitcoin surged from $3,800 all the way to $68,000. Now the debt problem is even worse, market confidence in fiat is wavering, and capital is starting to look for more reliable safe-haven assets.

Musk also predicts that AI may bring deflation in three years, at which point Bitcoin’s fixed supply advantage will become even more apparent. Interest rates may drop to zero, easing debt pressure, but by then Bitcoin will have already reached new heights.

As dollar credibility bleeds out, Bitcoin’s appeal as a decentralized hedge is rising. How far do you think this rally can go?