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