The proposition:
"Bitcoin, or a similar form of cryptocurrency, will eventually replace governments' fiat money as the preferred medium of exchange."
AMAZING debate!!! Eric, ShapeShift.io CEO, bought Bitcoin at $3 is so well spoke about cryptocurrency, and also appears so humble.
Erik's arguments:
- Why bitcoin is good money
- Why fiat is bad money
- Why gold is insufficient
- Why bitcoin will win
Peter Schiff arguments:
- It's a bubble
- It's worse than Tulips
- It's a bubble
- I'm pretty good at spotting bubbles
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