In Max Keiser’s final episode from Freedom Fest in Las Vegas, Max encounters Peter Schiff in the halls of the convention center. Keiser, an earlier adopter of Bitcoin, challenges Schiff, a known critic on the cryptocurrency. A cryptocurrency debate ensues and the result is as entertaining as it is informative.
Peter Schiff explains, “I think we’re going to take out the lows, the all-time record lows that the dollar set in the ’08 financial crisis. In fact, it was saved by that bell. The crisis ironically saved the dollar. I think the next crisis is going to kill the dollar.”
Cryptocurrency Debate | Max and Peter Go After Each Other
Schiff explains,
“The alternative to fiat currency isn’t a fiat digital currency. Our monetary system now is based on faith. Because there is nothing real behind dollars or euros or yen. It’s just based on the fact that you believe people are going to want it.”
As the argument heated up, Keiser fired back at Schiff,
“Why do you say that?! It’s your opinion. The market is giving you a different signal.”
The two carry on their argument as to whether or not the market will fully accept Bitcoin.
Max Speaks with Bitcoin Entrepreneur Charlie Shrem
Finally, Max continues his interview with bitcoin entrepreneur Charlie Shrem. The two pro-cryptocurrency players discuss the latest drama and innovation in the cryptocurrency space.
