Not sure if this has been posted here before. This video is a debate between Peter Schiff and Erik Voorhees about whether or not bitcoin or another crypto currency will eventually replace gov fiat money as an exchange of value.
The moderator is clearly biased and quite annoying with his interruptions but the debate is really fascinating (well, for me anyway). Who here has watched it and does anyone like Peter:) ?
https://www.youtube.com/watch?v=q8R71WGO3qUEnjoy.
Fiat Currency cant never be gone or replaced. People mentality actually they want a real, can touch can see. fiat currency are much more better than cryptocurrency. we know that crypto can lessen the hassle because it can be use through online. but not all of the people cant access to internet and dont know how to use it. that's why fiat currency cant be replace by cryptocurrency. As long every country considering fiat currency in the world it never be gone.