Elon Musk Talks About Cryptocurrency Again: The Boundary Between Value and Bubbles

During court proceedings involving OpenAI and Sam Altman, Elon Musk was again asked about his views on cryptocurrency.

When testifying in an Oakland court, he said:

“Some of them are valuable, but most are scams.”

The remark stems from discussions in the case about OpenAI’s early consideration of raising funds via an initial coin offering (ICO). The plan took place while OpenAI was still a nonprofit organization, and it also became part of the dispute between Musk and OpenAI over the company’s mission.

As a co-founder of OpenAI (involved in its founding in 2015), Musk has long questioned its transition to a for-profit model and its partnership with Microsoft, and in the lawsuit he accused it of straying from the goals it was originally set up to pursue.

OpenAI, for its part, responded that the relevant commercialization route had been discussed early on, and that Musk was aware of it and had even supported similar financing ideas.

From a broader perspective, this controversy is not only a dispute over corporate governance—it also reflects a reality:

Crypto assets and blockchain technology are still in the exploratory stage of a “coexistence of value and bubbles.”

During the evolution of new technologies, disagreement itself is the norm.

True consensus often is not present at the start, but is gradually validated over time and through practice.#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍 $BSB $MEGA