Bitcoin (BTC) $65,937.63 0.40%
Ethereum (ETH) $1,919.05 -0.46%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 77.486317 -1.18%
Chainlink (LINK) $8.64 -1.05%
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Dogecoin (DOGE) $0.00 1.32%

Cryptocurrencies: 29524

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Market Cap: $2,243,199,509,275

24h Vol: $70,268,179,770

ZyCrypto

2021-01-24 15:59:09

A Supply of 2.1 Quadrillion Satoshis Disqualifies Bitcoin as a Scarce Resource- Says Peter Schiff

A Supply of 2.1 Quadrillion Satoshis Disqualifies Bitcoin as a Scarce Resource- Says Peter Schiff

Bitcoin is not as scarce as commonly perceived, according to Bitcoin Critic and gold Investor Peter Schiff. Bitcoin has a maximum cap of 21 million, but each bitcoin can be subdivided into a further 100 million smaller units named satoshis in reference to the pseudonym of Bitcoin’s anonymous founder. “The idea that Bitcoin is scarce […]

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