5 months ago

“You can’t eat Bitcoin,” says an Australian senator.
Yes, really. That’s the argument now.

In this video, we break down one of the most hilariously bad takes on Bitcoin we’ve seen in a while. From calling Bitcoin a Ponzi, to claiming it doesn’t “produce anything,” to finally landing on this new classic: you can’t eat it.

But behind the clownery is a real conversation about what money is, what Bitcoin does, and why politicians are terrified of it.

👊 If you enjoy takedowns like this, I’ve got more where that came from:
https://www.youtube.com/playlist?list=PLOQkbuqRLXwWFeTtJ2Oi3My6gCXuH1jao

⏰ Chapters:
00:00 Babe, get in here, new Bitcoin FUD just dropped
00:36 Meet the senator who wants to eat his money
01:15 “You can’t eat Bitcoin” and other brilliant insights
02:42 Is Bitcoin a Ponzi scheme?
03:50 What does money produce
05:00 Bitcoin is the hardest asset
06:12 Real engineers vs. financial engineers
07:40 Bitcoin = certainty in an uncertain world
08:15 Why this clown take matters

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