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Economist: Bitcoin Supply Is Not What Matters—It's the Satoshi Supply That Counts

Economist: Bitcoin Supply Is Not What Matters—It's the Satoshi Supply That Counts

星球日报星球日报2025/07/12 13:32
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Odaily Planet Daily News: Economist and well-known Bitcoin skeptic Peter Schiff posted on X, saying: "What would happen if the supply of Bitcoin were 21 billion instead of 21 million? If each Bitcoin were redefined as 100,000 satoshis (instead of 100 million), with the total supply of satoshis remaining unchanged, would it still feel scarce? '100 million' is just an artificially set unit; the actual supply of Bitcoin doesn't really matter. What truly determines scarcity is the supply of satoshis."

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