Monday, July 2, 2018


Bitcoin, or a similar form of cryptocurrency, will eventually replace governments' fiat money as the preferred medium of exchange.


For the affirmative:

Erik Voorhees is co-founder of the bitcoin company Coinapult, worked as Director of Marketing at BitInstant, and was founder and partial owner of the bitcoin gambling website Satoshi Dice, subsequently sold in July 2013 to an undisclosed buyer. He is also the creator and CEO of the instant bitcoin and altcoin exchange, ShapeShift, having founded and operated it under the alias Beorn Gonthier, until revealing his true involvement with the company, as part of a seed funding announcement, in March 2015.


For the negative:

Peter Schiff is the author of six books, including Crash Proof 2.0, which appeared on both the New York Times and the Wall Street Journal bestseller lists. He's CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Dorado, Puerto Rico, which he helped found. Schiff's father, Irwin, was a prominent figure in the US tax protester movement, who died in federal prison in October 2015 while he was serving a sentence of at least 13 years for tax evasion.