According to Maximiliano Carjuzaa, founder of Money On Chain and a well-known Bitcoin advocate in Argentina, BTC and cryptocurrency should not be confused as the latter is full of Ponzi schemes. When asked if crypto could replace fiat in the long run, Carjuzaa commented that it is essential to understand the difference between Bitcoin and cryptocurrency, and he highlighted the monetary characteristics of BTC, similar to gold, as a potential store of value. Carjuzaa mentioned that BTC could surpass gold as a trading commodity, especially if new sources of gold were found in space. However, he refrained from commenting on BTC’s potential as a replacement for fiat. Bitcoin maximalists have voiced their desire to hold gold to trade for BTC in case of a global market panic.
