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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 […] дальше »

2021-1-25 18:59


Bitcoin Is A Bet Against Gold, Not Fiat Currencies, Precious Metals Proponent Argues

Long term gold proponent Peter Schiff is yet trying to school the crypto community over Bitcoin’s scarcity or the lack of it. The world’s top cryptocurrency, as we all know has a fixed, hard supply set at 21 million which is deflationary in nature, as every four years an event called Bitcoin halving occurs that […] дальше »

2019-6-16 21:02