This episode demonstrates why your show is so valuable.
Max & Peter Schiff both have valid points, right now (and I know this is going to create some cognitive dissonance) cryptocurrencies only have value because the people using it all agree it has value. And the vast majority of people entering the space are speculators.
That's why I bought my 3.6 Ethereum, with the expectation that it's going to increase in value.
But in the second half, Max & Charlie discuss the "unseen" aspect of it (to paraphrase Bastiat) and that is the pulling of fiat out of the market (and out of the control of the State) and into crypto.
This is such a complex and diverse issue that they're all correct.
Everything only has value because people believe it has value. All value is subjective to the needs and wants of everyone. "FIAT" literally means "by decree" - as in by government dictate. US dollars only have value because of legal tender laws that say you have to accept them, and by a military that enforces the petrodollar on oil-producing nations. Obviously, crypto is NOT fiat.
But the USD was backed by Gold until Nixon finally closed the window in 1971. The Saudis helped him do it, which is why they looked the other way when the Saudis financed 9/11. Legal tender laws can't force another country to accept USD either, thanks again Saudi Arabia. The vast majority of Americans still don't realize that. They also think that their bank has a vault where they keep everyone's money.
As far as crypto goes, until you see prices quoted in crytpo, it's still a speculative purchase. There's nothing wrong with that, the danger is when people think crypto is equivalent to a physical asset, like gold. A paper wallet or a Trezor in your safe is not the same thing as a gold (or even a silver) coin. You might just as well be buying paper gold, i.e. if you can't hold it in your hand, you don't own it.
Not yet anyway... and neither is Gold and Silver Fiat for that matter.... and yes, they too are subject to unforeseen future government dictates.....