BTC $62,864.35 -0.85%
ETH $1,878.12 -0.44%
BNB $606.12 -0.68%
XRP $0.9979 -1.19%
SOL $75.11 -1.49%
TRX $0.3323 -0.48%
DOGE $0.0698 -0.58%
ADA $0.1792 -1.34%
BCH $203.37 -1.46%
LINK $8.94 +1.27%
HYPE $55.64 -3.18%
AAVE $85.64 -2.90%
SUI $0.6785 -1.00%
XLM $0.1589 -0.61%
ZEC $491.39 +1.16%
BTC $62,864.35 -0.85%
ETH $1,878.12 -0.44%
BNB $606.12 -0.68%
XRP $0.9979 -1.19%
SOL $75.11 -1.49%
TRX $0.3323 -0.48%
DOGE $0.0698 -0.58%
ADA $0.1792 -1.34%
BCH $203.37 -1.46%
LINK $8.94 +1.27%
HYPE $55.64 -3.18%
AAVE $85.64 -2.90%
SUI $0.6785 -1.00%
XLM $0.1589 -0.61%
ZEC $491.39 +1.16%

Economist Peter Schiff: The supply of Bitcoin is not important; what matters is the supply of satoshis

2025-07-12 21:46:05

ChainCatcher economist and well-known Bitcoin skeptic Peter Schiff posted on the X platform: "What if the supply of Bitcoin was 21 billion instead of 21 million? Redefining each Bitcoin as 100,000 satoshis (instead of 1 million), while keeping the supply of satoshis unchanged, would it still feel scarce? '1 million' is just an artificially set unit; the actual supply of Bitcoin is not important. What really matters is the supply of satoshis."

app_icon
ChainCatcher Building the Web3 world with innovations.