Australian Senator Gerard Rinck has surrendered criticism from Bitcoin community after his notes that indicate Bitcoin as a Bonze scheme and interrogate the value of the original because it is not digested.
“You can’t eat bitcoin,” Rink He said In a publication on May 23, in response to the X user whose position was interrogated after Bitcoin reached the highest new level ever of $ 111,970 on May 22.
Renic says Bitcoin will go to a million dollars, but it is “Bonzi”.
“Bitcoin will eventually reach a million dollars,” Renic said.
“What exactly this product will produce?” Renic said. He added that Bitcoin (BTC) will produce “nothing at all” and Australia “needs real engineers, not financial engineers.”
Bitcoiners has rushed all over the world to respond to Rennick’s comments. Australian Bitcoin Industry Authority (ABIB) He said Renic’s comments about “Bitcoin reveals a deep misunderstanding.” ABIB added:
“This is important, because misunderstanding leads to distortion. Distinction leads to a bad policy.”
Bodcast host is not specific to Laura Shen He said“You also can’t eat the Internet, do you also oppose it?” Bitcoin Marathon leads Jimmy Costro He said“This will definitely advance well. Please enlighten us with more deep and accurate understanding of Bitcoin.”
Renic responded to criticism and said that “he does not need to explain anything.”
Renic said: “It is pity how pity how the Bitcoin community needs to reassure one of the politicians – the people who claim they want to be free,” Renic said.
Bitcoin community has spoken frequently when prominent individuals across the views of the bitten control.
Related to: Bitcoin flows are expected to reach $ 420 billion in 2026 – BitWise
Just a few weeks ago, Arizona Katie Hobbes, a violent reaction from the Bitcoin community after its decision to arrest a draft law that would allow the state to obtain Bitcoin as part of its official reserves.
“This will advance badly,” said co -founder of CASA and CypherPunk Jameson Lopp. Meanwhile, Bitcoin Businessman Anthony Box He said“Imagine the political ignorance of the belief that it could make investment decisions.” Endarro Gordon encryption lawyer He said“We need more elected officials who understand that bitcoin and encryption are the future.”
The Bitcoin community was seen a similar reaction when the US government decided to transfer $ 1.9 billion from Bitcoin to Coinbase in December 2024.
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