20min chapter

Tom Bilyeu's Impact Theory cover image

Peter Schiff vs Raoul Pal Debate: Bitcoin Going To $0 or $1 Million & A Great Depression Coming? PT 1

Tom Bilyeu's Impact Theory

CHAPTER

Bitcoin's Lack of a Compelling Use Case

The chapter explores the absence of a strong use case for Bitcoin despite its increased adoption and price surge. Speakers discuss the limited impact of Bitcoin transactions on businesses, the original purpose of Bitcoin to evade traditional banking regulations, and the significance of blockchain as a trust mechanism. The debate on the value of Bitcoin versus gold, its speculative nature, and the challenges it faces in becoming a mainstream functional currency are also examined.

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