{"id":671323,"date":"2025-05-25T12:05:20","date_gmt":"2025-05-25T09:05:20","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoiners-fire-back-at-aussie-senators-you-cant-eat-bitcoin-remark\/"},"modified":"2025-05-25T12:05:20","modified_gmt":"2025-05-25T09:05:20","slug":"bitcoiners-fire-back-at-aussie-senators-you-cant-eat-bitcoin-remark","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoiners-fire-back-at-aussie-senators-you-cant-eat-bitcoin-remark\/","title":{"rendered":"Bitcoiners fire back at Aussie senator's 'you can't eat Bitcoin' remark"},"content":{"rendered":"

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Australian Senator Gerard Rennick criticized Bitcoin, saying “you can’t eat Bitcoin.” A Bitcoiner replied, asking if he feels the same about the internet.<\/p>\n

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\u2019s value because it can\u2019t be eaten.<\/p>\n

\u201cYou can\u2019t eat Bitcoin,\u201d Rennick said<\/a> 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.<\/p>\n

\u201cBitcoin will ultimately go to $1 million dollars. Why because it\u2019s a Ponzi scheme whereby BlackRock will pump more and more dollars into a supply constrained product,\u201d Rennick said.<\/p>\n

Read more<\/p>\n<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Australian Senator Gerard Rennick criticized Bitcoin, saying “you can’t eat Bitcoin.” A Bitcoiner replied, asking if he feels the same about the internet. 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\u2019s value because it can\u2019t be eaten. \u201cYou…<\/p>\n","protected":false},"author":1,"featured_media":671324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/0196d3f9-9a91-79a8-bf07-cb859d26414b","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,74355,20358],"class_list":["post-671323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-adoption","tag-australia"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/671323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=671323"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/671323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/671324"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=671323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=671323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=671323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}