Is Bitcoin the Future of Money? Peter Schiff vs. Erik Voorhees

Peter Schiff

On July 2, 2018, Factor and also The Soho Forum held a discussion in between Erik Voorhees, the CEO of ShapeShift, as well as Peter Schiff, Chief Executive Officer and chief global strategist of Euro Pacific Capital.

The proposal: “Bitcoin, or a comparable type of cryptocurrency, will at some point replace federal governments' fiat cash as the preferred circulating medium.”

Reason is the world's leading resource of news, politics, as well as society from a liberal point of view. Most likely to reason.com for a viewpoint you won't receive from legacy media as well as old left-right point of view publications.

It was an Oxford-style debate where the audience ballots on the resolution at the beginning and end of the event, and also the side that gains one of the most ground is victorious. Voorhees won by changing the minds of 15 percent of participants.

The Soho Forum is held each month at the SubCulture Theater in Manhattan's East Village. At the next argument, which will be held on August 27, William Easterly, teacher of business economics at NYU, and also Joseph Stiglitz, a Nobel Prize Winner in business economics and teacher at Columbia, will review whether free markets or federal government action is the most effective way to eliminate global hardship.

Generated by Todd Krainin.

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