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  • 08/06/2025 03:19 King of the Hill: 1968 Cadillac Eldorado vs. 1969 Lincoln Continental Mark III
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Bitcoiners fire back at Aussie senator's 'you can't eat Bitcoin' remark
Home » News » Australia » Bitcoiners fire back at Aussie senator's 'you can't eat Bitcoin' remark

Bitcoiners fire back at Aussie senator's 'you can't eat Bitcoin' remark

Cointelegraph by Ciaran Lyons 25/05/2025 16:25

Australian Senator Gerard Rennick has drawn criticism from the Bitcoin community following his remarks referring to Bitcoin as a Ponzi scheme and questioning the asset’s value because it can’t be eaten.“You can’t eat Bitcoin,” Rennick said in a May 23 X post, responding to an X user who questioned his stance after Bitcoin hit a

CoinTelegraph
Australian Senator Gerard Rennick has drawn criticism from the Bitcoin community following his remarks referring to Bitcoin as a Ponzi scheme and questioning the asset’s value because it can’t be eaten.“You can’t eat Bitcoin,” Rennick said in a May 23 X post, responding to an X user who questioned his stance after Bitcoin hit a new all-time high of $111,970 on May 22.Rennick says Bitcoin will go to $1 million but is a “Ponzi Scheme”“Bitcoin will ultimately go to $1 million dollars…
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View all posts by Cointelegraph by Ciaran Lyons


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