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Economist: Bitcoin supply is not important, what matters is the satoshi supply

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#Bitcoin
Odaily
318Words
Jul 12, 2025

Economist and well-known Bitcoin skeptic Peter Schiff posted on the X platform, saying, "What if the supply of Bitcoin was 21 billion instead of 21 million? Redefining each Bitcoin as 100,000 satoshis (instead of 100 million), with the supply of satoshis remaining unchanged, would it still feel scarce? '100 million' is just an artificially set unit, and the supply of Bitcoin doesn't really matter. What really determines it is the supply of satoshis." [Odaily Planet Daily]

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