My goal today is to have a civilized debate about BTC and BCH. We’re going to have a Lincoln-Douglas style debate where each person will get to speak in turn. I’ll open and my opponent will close. The time limits will be 10 minutes each for the first round, 5 minutes each for subsequent rounds. The aim here is to be a little less Jerry Springer and a little more Supreme Court. First, I’d like to thank the organizers of this cruise and everyone at this conference. I’d also like to thank Roger Ver, particularly for his early evangelism of Bitcoin. We may be debating today, but there is a lot that we do agree on philosophically and I admire your contributions toward the cause of liberty. I want to start off with this statement: Bitcoin Cash is a Fiat Money You may be thinking at this point that I’m trolling or exaggerating. I’m not. I’m stating a fact. To prove this to you, let’s look at what fiat means. According to the Merriam-Webster dictionary fiat is a command or act of will that creates something without or as if without further effort an authoritative determination an authoritative or arbitrary order Thus, a fiat money is a money created from a command or act of will that creates something without or as if without further effort an authoritative determination an authoritative or arbitrary order My contention here today is BCH is very much a money along these lines. Now as I said before, I admire Roger for his efforts to liberate us from government authoritarianism. We are agreed on the need to be liberated from government. However, there are two ways to combat authoritarianism: Get a new person to be the centralized authority Decentralize power BTC/BCH have different philosophies. BTC is classically liberal, anarcho-capitalist and Austrian, befitting its cypherpunk roots and is a sound money. BCH is interventionist, paternalistic and Keynesian befitting its corporate roots and is a fiat money.