According to Cointelegraph, on July 31st, gold enthusiast Peter Schiff and Morgan Creek Digital founder Pompliano debated bitcoin on CNBC Africa. According to Schiff, bitcoin has become a form of religion where investors turn a blind eye to reality, but when you are in a bubble, you can't see bubbles. It has repeatedly stated that Bitcoin itself has no value. In response, Pompliano responded that in this case, you may miss something, Bitcoin is a new technology, a new trend. If you have a 1% chance of making a mistake, it means that you will be condemned by the Internet and miss this opportunity.