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Economist: Bitcoin supply is not important, it is the supply of Satoshi that matters

By: odaily.com|2025/07/12 13:31:37

Odaily News Economist and well-known Bitcoin skeptic Peter Schiff wrote on the X platform: What if the supply of Bitcoin is 21 billion instead of 21 million? Redefining each Bitcoin to 100,000 Satoshis (instead of 100 million) and keeping the supply of Satoshis the same will still make people feel scarce? 100 million is just an artificial unit. The supply of Bitcoin is not actually important. What really matters is the supply of Satoshis.

This week, 35 corporate entities implementing the Bitcoin treasury strategy collectively purchased 4,700 BTC.

In the last 24 hours, LetsBONK's revenue and Genesis Token count still lead pump.fun