Australian Senator Slams Bitcoin as ‘Ponzi Scheme’
In brief Responding to a sarcastic prompt on X, Australian Senator Gerard Rennick called Bitcoin a “Ponzi scheme” driven by asset managers such as BlackRock. Critics, including the Australian Bitcoin Industry Body, said his comments were “misinformed” and could lead to damaging policy. The clash came as Australia’s Labor government prepares crypto legislation under its […]
Australian Senator Slams Bitcoin as ‘Ponzi Scheme’ Read More »