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

2025-07-12 21:46:05
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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."

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