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Bitcoin Vs. Gold: Who Won The ZeroHedge Debate?
Friday night’s ZeroHedge Debate explored which is the superior asset: Gold or Bitcoin. Arguing in favor of Gold were investor Peter Schiff and NYU economist Nouriel Roubini, who went toe-to-toe with crypto proponents Erik Voorhees, a cryptocurrency entrepreneur and wealth manager Anthony Scaramucci. video Schiff made the case that Bitcoin cannot be a viable currency because “money needs to be a commodity” and that Bitcoin has no inherent value. “It’s not just a unit of account and a medium of exchange. It needs to be a store of value,” he added. “[Bitcoin] is no more ‘digital gold’ than if I ... (full story)