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Is Bitcoin supply meaningless? Peter Schiff says this counts

Gold advocate Peter Schiff has dismissed Bitcoin’s 21 million supply cap as an arbitrary construct, arguing that the cryptocurrency’s perceived scarcity is an illusion. The longtime Bitcoin (BTC) critic suggested that changing the denomination from 21 million coins to 21 billion wouldn’t affect the underlying economics. “What if Bitcoin’s supply was 21B instead of 21M? … Read more

China targets U.S. services and other areas after decrying ‘meaningless’ tariff hikes on goods

Dilara Irem Sancar | Anadolu | Getty Images China last week announced it was done retaliating against U.S. President Donald Trump’s tariffs, saying any further increases by the U.S. would be a “joke,” and Beijing would “ignore” them. Instead of continuing to focus on tariffing goods, however, China has chosen to resort to other measures, … Read more

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