Centibillionaire Elon Musk has given a recent nod to Bitcoin, reposting the animated model of the well-known “Magic Web Cash” meme.
The clip, which was initially posted by the official X account of cryptocurrency alternate Coinbase, was just lately created with the assistance o of of the Grok Think about software, which makes it potential to show photos into quick video clips.
Musk has additionally reacted with the laughing emoji to the animated “Bitcoin wizard.”
😂
— Elon Musk (@elonmusk) August 7, 2025
OG meme
The cartoonish character, which was crudely drawn with the assistance of Microsoft Paint, first gained prominence after a contest on the r/bitcoin. The competition was meant to choose the most effective commercial for the quickly rising subreddit.
Regardless of its frivolous, low-quality look, the “Bitcoin wizard” emerged because the winner, and “magic web cash” has since grow to be nearly synonymous with Bitcoin.
The way it received delivered to life
Earlier this August, Grok launched its new multimodal software that makes it potential to animate photos.
Over the previous few days, Musk has been busy hyping up the brand new AI toy, and it looks as if his newest publish is supposed to draw cryptocurrency lovers.
Based on The Verge, U.S. customers can quickly check out the brand new video era characteristic without spending a dime.
It’s value noting that, in keeping with Mashable, Grok Think about truly severely underperforms different AI video era fashions of the likes of Google’s groundbreaking Veo 3 and OpenAI’s Sora.
