<ul><li>Australian Senator Gerard Rennick made a comment on social media about Bitcoin not being edible, sparking reactions from the cryptocurrency community who highlighted his lack of understanding.</li><li>The Australian Bitcoin Industry Body (ABIB) defended Bitcoin's purpose of being a store of value against inflation and warned against policies that could hinder innovation in the industry.</li><li>Bitcoin users and ABIB emphasized the financial security and wealth protection aspects of Bitcoin, contrary to Senator Rennick's comments, showcasing a divide in perspectives between traditional policymakers and cryptocurrency advocates.</li><li>This event underscores the importance of educating lawmakers about cryptocurrencies like Bitcoin to leverage their benefits for strengthening the economy and not falling behind on global financial developments.</li></ul>

Bitcoiners Clap Back at Senator Over Bitcoin Eating Joke

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