{"id":41240,"date":"2025-08-08T18:01:45","date_gmt":"2025-08-08T18:01:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41240"},"modified":"2025-08-08T18:01:45","modified_gmt":"2025-08-08T18:01:45","slug":"bitcoin-gets-elon-musks-seal-of-approval-again","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41240","title":{"rendered":"Bitcoin Gets Elon Musk\u2019s Seal Of Approval Again"},"content":{"rendered":"
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Late on 7 August 2025, Elon Musk fired off a single \u201c\"\ud83d\ude02\"\u201d beneath a Coinbase post on X that showcased an animated, Grok-generated revival of the classic Bitcoin \u201cmagic internet money\u201d wizard. The billionaire\u2019s trademark minimalist reaction<\/a> was enough to ignite another round of speculation that he remains firmly in Bitcoin\u2019s corner. The Coinbase clip, captioned \u201cGrok Imagine: Bring this legend to life,\u201d turns the pixelated 2013 wizard into a short, neon-blue video\u2014an unmistakable nod to Bitcoin\u2019s earliest grassroots marketing slogan.<\/p>\n

Elon Musk Embraces Bitcoin Again<\/h2>\n

The meme itself traces back to a contest on r\/bitcoin more than a decade ago. In April 2013, subreddit moderators asked users to design an ad that could run in Reddit\u2019s sidebar; a hastily drawn MS-Paint wizard riding a gold coin and declaring \u201cmagic internet money\u201d won by popular vote. Despite (or perhaps because of) its crude aesthetic, the image encapsulated BTC\u2019s outsider charm and has since become shorthand for the cryptocurrency\u2019s defiant irreverence.<\/p>\n

Musk\u2019s latest emoji is small but strategic. Over the past month he has repeatedly woven Bitcoin into his political and technological ventures. When unveiling the \u201cAmerica Party\u201d\u2014a nascent political vehicle he has floated as an alternative to the two-party system\u2014Musk said \u201cFiat is hopeless<\/a>, so yes,\u201d after being queried if the American Party would \u201cembrace\u201d Bitcoin. That declaration followed a fresh internal transfer of roughly $150 million in BTC by SpaceX, reinforcing the notion that Musk\u2019s companies remain long-term holders.<\/p>\n

Just days before the wizard post, Musk turned to his xAI assistant Grok to interrogate one of the most persistent existential questions: the quantum-computer threat<\/a>. \u201cBitcoin\u2019s hashing remains secure for now,\u201d Grok replied, assigning \u201cnearly 0%\u201d probability that a quantum machine could crack SHA-256 within five years and \u201cunder 10% by 2035\u201d given current qubit road-maps.<\/p>\n

In another example<\/a> of Musk\u2019s recurring BTC references, June saw the announcement of \u201cXChat,\u201d a new messaging feature on his social media platform X (formerly Twitter). Musk revealed that the system is built on Rust and incorporates \u201cBitcoin-style\u201d encryption, a choice he framed as a commitment to security and decentralization principles long associated with the cryptocurrency.<\/p>\n

Musk\u2019s public statements have rarely moved markets as violently as they did during the 2021\u20132022 bull run, yet his influence endures. Tesla still lists more than 10,725 BTC on its balance sheet, and SpaceX is believed to hold a further nine-figure stash. Against that backdrop, even a laughing-crying emoji reads as tacit endorsement\u2014especially when it revives a relic of BTC\u2019s anarchic infancy.<\/p>\n

At press time, BTC traded at $116,560.<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

Late on 7 August 2025, Elon Musk fired off a single \u201c\u201d beneath a Coinbase post on X that showcased an animated, Grok-generated revival of the classic Bitcoin \u201cmagic internet money\u201d wizard. The billionaire\u2019s trademark minimalist reaction was enough to ignite another round of speculation that he remains firmly in Bitcoin\u2019s corner. The Coinbase clip, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41240","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41240"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41240\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}