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Economist: Bitcoin Supply Not Important, Satoshis Supply is Decisive
Summary: In a recent post on X platform, economist and prominent Bitcoin skeptic Peter Schiff stated: 'What if the supply of Bitcoin was 21 billion instead of 21 million? If each Bitcoin was redefined as 100,000 satoshis (instead of 100 million), with the supply of satoshis remaining the same, would it still feel scarce? '100 million' ...
In a recent post on X platform, economist and prominent Bitcoin skeptic Peter Schiff stated: 'What if the supply of Bitcoin was 21 billion instead of 21 million? If each Bitcoin was redefined as 100,000 satoshis (instead of 100 million), with the supply of satoshis remaining the same, would it still feel scarce? '100 million' is just an arbitrary unit, the actual supply of Bitcoin is not important, what truly matters is the supply of satoshis.'
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Link: Economist: Bitcoin Supply Not Important, Satoshis Supply is Decisive [Copy]
