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’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…
Author: Enya
Bitcoin is freedom money — a censorship-resistant form of digital cash that empowers anyone with an internet connection to send value across borders, free from the approval of banks, governments, or intermediaries. It represents a profound shift in who controls money and, by extension, who controls power. I first heard about Bitcoin in early 2013. At the time, it was a niche idea, buzzing in obscure internet forums and quietly championed by a group of libertarian coders, privacy advocates, and curious outsiders. What caught my attention wasn’t the price or the technology — it was the principle. For the first…
ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy, regardless of how widespread crypto wallet adoption becomes over the next decade.“I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a button,” Wood said at the Solana Accelerate event in New York on May 23.Wallets remain an insurance policy, says Wood“So ETFs for those who want the convenience, I don’t think, will lose a lot of their luster,” she said. “But they will be a stepping stone…
Bitcoin Magazine H100 Group Became The First Publicly Listed Bitcoin Treasury Company In Sweden H100 Group AB has announced it has become Sweden’s first publicly listed health technology company to adopt Bitcoin as a treasury reserve asset, announcing the purchase of 4.39 BTC for 5 million NOK (approximately $475,000) as part of its long-term Bitcoin Treasury Strategy…
Bitcoin Magazine Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock Strategy has launched a $2.1 billion At-The-Market (ATM) equity program for its Strife (STRF) preferred stock, marking another step in the firm’s long-term strategy to build a Bitcoin-backed financial architecture. The announcement was made by CEO and President Phong Lee during an investor update alongside Executive Chairman Michael Saylor…
Bitcoin Magazine Nigel Farage To Speak At Bitcoin 2025 Conference We are pleased to announce that Nigel Farage will join the speaker lineup at the Bitcoin Conference 2025 in Las Vegas. This post Nigel Farage To Speak At Bitcoin 2025 Conference first appeared on Bitcoin Magazine and is written by Conor Mulcahy…
President Donald Trump returned to the United States Military Academy at West Point on Saturday to give the commencement speech to the graduating class of 2025. Adorned in his trademark “Make America Great Again” hat, Trump spoke to the 1,002-strong class for just under an hour. During his address, he lauded the United States Army as the “greatest and most powerful Army the world has ever known.” Beyond this, he stated that he is the one responsible for the Army’s might. “And I know because I rebuilt that army, and I rebuilt the military,” Trump told the crowd. “We rebuilt it like…
President Donald Trump took to Truth Social on Sunday evening to announce that he has granted the European Union (E.U.) a deadline extension on his threat to enforce a 50% tariff starting on June 1. Trump revealed that progress had been made after he received a call from Ursula von der Leyen, the president of the European Commission, the E.U.’s executive arm.”I received a call today from Ursula von der Leyen, president of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to trade and the European Union. I agreed to the…
So many people genuinely want to start dating, but are reluctant to actually put themselves out there. Whether it’s because of fear of rejection or the allure of an evening in with a good book, favorite show, or a beloved pet, getting started dating when you’ve gotten comfortable being single can be a big hurdle. I don’t see dating success as a result of playing a numbers game, but it’s clear that if you don’t actively try to meet new people, you’ll never find the kind of relationship you want.As the unofficial beginning of summer kicks off with Memorial Day…
For decades, some in Europe talked up the need for “collective European defense,” a policy to sharply reduce dependence on Washington for military protection. The debate never got far because Britain and Germany saw no reason to jeopardize transatlantic ties with a drive for security independence. When Russia launched a full-on invasion of Ukraine in 2022, it quickly became clear that Europe’s dependence on America for military muscle was deeper than ever.Then Donald Trump returned to the Oval Office, confronting European leaders with the reality that his commitment to Europe had become an open question—especially as war raged in Ukraine.…