The international pro-liberty nonprofit Students for Liberty hosted a three-day conference known as Liberty Con on March 2-4. This event aims to educate, develop, and empower the future generation of leaders of liberty.

Other than the many ideas that promote freedom, attendees got a taste of cryptocurrency Bitcoin.com booth. Also, there was a 45-minute debate about the legitimacy and validity of bitcoin between the communications ambassador of Bitcoin.com Sterlin Lujan and the renowned precious metals advocate and economist Peter Schiff.

Mr. Lujan started the debate by highlighting that there’s entirely nothing wrong with the precious metals, but silver and gold are not wholly evolutionary. Instead, precious metals have done the same thing.

Lujan further explained that bitcoin, though, is an evolving or developing peer-to-peer technology that will persistently grow and evolve into an unceasing innovation much more like the internet.

The debate further discussed whether or not the bitcoin or cryptocurrencies, in general, are ‘legitimate. Mr. Lujan stated that the intrinsic value of bitcoin depends on the subjective estimates of market actors a perception that is hardened by the school of Austrian economics.

It, therefore, occurred that the value of gold, bitcoin and everything else earth depended on the subjective theory of value.

Other than the debate on the legitimacy of bitcoin, the attendees saw a few other keynote presentations as well as SFL awards dinner which featured John Mackey, the founder of Whole Foods Markets. Mackey talked about his debate with the economist Milton Friedman then explained his concept and the book called “Conscious Capitalism.”

During the weekend, the entire lot of Liberty Con folks downloaded the Bitcoin.com Wallet and acquired a few dollars of bitcoin cash BCH through the event. In the conference, students were taught to find out how to ship and obtain cryptocurrency transactions, and the majority of the younger minds became so anxious about this growing experience.

The attendees discovered the ground rules of digital currencies since most of them had heard about cryptos, however by no means did they invest or try them earlier.

More importantly, the Liberty Con individuals learned how cryptocurrencies are utilized as a free instrument of the market to assist in taking away the cash from the nation state’s management.