Late on 7 August 2025, Elon Musk fired off a single “😂” beneath a Coinbase post on X that showcased an animated, Grok-generated revival of the classic Bitcoin “magic internet money” wizard. The billionaire’s trademark minimalist reaction was enough to ignite another round of speculation that he remains firmly in Bitcoin’s corner. The Coinbase clip, captioned “Grok Imagine: Bring this legend to life,” turns the pixelated 2013 wizard into a short, neon-blue video—an unmistakable nod to Bitcoin’s earliest grassroots marketing slogan.

Elon Musk Embraces Bitcoin Again

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’s sidebar; a hastily drawn MS-Paint wizard riding a gold c

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