Anthony ‘Pomp’ Pompliano called out one of bitcoin’s most well-known critics in a recent debate, saying that Peter Schiff will be spending a long time regretting his decision to antagonize the cryptocurrency.
In a debate hosted on CNBC Africa on July 31, Morgan Creek Digital co-founder Anthony ‘Pomp’ Pompliano took on gold-bug and bitcoin critic Peter Schiff over the value of crypto-assets.
The event was moderated by Ran Neuner, who operates the popular Crypto Trader program for CNBC.
Pomp has established himself as a strong proponent of bitcoin and claims to hold 50% of his wealth in BTC, in addition to predicting that the currency will reach $100,000 following the next block reward halving. Schiff, on the other hand, is known for his penchant over gold, which he spent nearly the entire hour talking about.
Schiff believes that compared to precious metals such as gold, bitcoin does not hold intrinsic value and will never be able to generate genuine worth. Read More at CryptoGlobe...