BTC $63,173.06 +0.04%
ETH $1,885.28 +0.49%
BNB $606.51 -0.17%
XRP $1.00 -0.28%
SOL $75.56 -0.29%
TRX $0.3320 -0.55%
DOGE $0.0699 +0.14%
ADA $0.1805 -0.68%
BCH $203.66 -1.16%
LINK $8.93 +1.91%
HYPE $55.96 -3.00%
AAVE $86.72 -0.95%
SUI $0.6777 -0.89%
XLM $0.1600 +0.76%
ZEC $491.14 +0.90%
BTC $63,173.06 +0.04%
ETH $1,885.28 +0.49%
BNB $606.51 -0.17%
XRP $1.00 -0.28%
SOL $75.56 -0.29%
TRX $0.3320 -0.55%
DOGE $0.0699 +0.14%
ADA $0.1805 -0.68%
BCH $203.66 -1.16%
LINK $8.93 +1.91%
HYPE $55.96 -3.00%
AAVE $86.72 -0.95%
SUI $0.6777 -0.89%
XLM $0.1600 +0.76%
ZEC $491.14 +0.90%

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.