Is the future of Bitcoin dead? Does the current Bitcoin crash mark the end of the original cryptocurrency or will it recover and go on to new heights?
In this Capital.com video debate, two leading commentators from the world of finance and crypto - well-known cryptocurrency critic Peter Schiff and Bitcoin advocate Tone Vays - go head-to-head to discuss the future of Bitcoin.
Peter Schiff is a financial commentator, radio personality and stockbroker. He is the CEO of Euro Pacific Capital and a big advocate for investing in gold.
Tone Vays is a derivatives trader, analyst and financial events producer. An advocate for the principles of Bitcoin and its underlying technology, Tone previously worked on Wall Street for almost ten years as a risk analyst before finding Bitcoin.
Vays and Schiff discuss everything from whether Bitcoin is ultimately flawed or just in a phase of assimilation, its potential to replace fiat currencies, its progress as a method of payment, criticisms of its energy consumption, and comparisons to gold.
Leading to the ultimate question, is Bitcoin dead?