Jack Mallers defends Bitcoin as a 'better money' than gold citing its scarcity, censorship-resistance and solid price performance.
BTC had more upside potential than gold on the price charts.in a recent debate with Peter Schiff, one of the top crypto critics. There’s been a long-standing argument between gold proponents and their BTC colleagues.According to Mallers, Bitcoin is the ‘best money’ because it checks all the boxes of money properties.
Per Schiff, tokenized gold could be sent faster and cheaper globally than BTC and is a better alternative for a digital monetary system. According to Mallers, this limited gold’s scalability in a global economy and led to its demonetization, making it fall short of being an actual global reserve currency.
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