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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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