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RE: Ivan on Tech debates Peter Schiff - Bitcoin vs Gold, US Dollar Crash

in #bitcoin6 years ago (edited)

Great interview, @ivanli!
As much as I like Peter Schiff's economic insights, I think he still hasn't understood crypto or Bitcoin.
He seems to think that bitcoin is just about its codebase, which can be improved upon by other projects. But Bitcoin is also the adopter community, developer community (which has some of the brightest minds in the world), merchant adoption, exchanges, etc., etc...

Bitcoin is now a living entity that will continue to evolve and refuse to die!

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True, I think the biggest obstacle for many is that crypto does not represent something tangible unlike metal. Not sure that it's rational to prioritize tangible assets over intangible - but still this bias persists.

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