Bitcoin (BTC) $84,027.93 -0.33%
Ethereum (ETH) $2,692.33 0.01%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 121.794553 3.90%
Chainlink (LINK) $13.85 4.47%
Cardano (ADA) $0.26 2.98%
Litecoin (LTC) $71.09 -0.43%
Dash (DASH) $63.23 0.16%
Polygon (MATIC) 0.25693 2.45%
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Dogecoin (DOGE) $0.00 1.15%

Cryptocurrencies: 30105

Markets: 114137

Market Cap: $2,884,039,396,406

24h Vol: $102,862,589,505

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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