SISTER BUY DOGE ELON MUSK'S | OroCryptoTrends on Binance Square

Trending Articles

Bookmarked and Liked

OroCryptoTrends

--

SISTER BUY DOGE ELON MUSK'S 

Macieestone

--

I have $1000 to invest

What should I buy and hold?

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

DOGE

0.1971

-6.38%

1.4k

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

OroCryptoTrends

@Orocryptonc

Explore More From Creator

#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_TX2AT

--

#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_TX2AT

--

#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_TX2AT

--

# **Bitcoin’s Scarcity Debate: Is 21 Million Really the Magic Number?** 💰 *"What if Bitcoin’s supply wasn’t 21 million… but 21 billion?"* According To PANEWS, Economist **Peter Schiff** just dropped a spicy take on **X (Twitter)**, challenging Bitcoin’s sacred **21 million supply cap**. Could redefining Bitcoin’s units change how we view its scarcity? Let’s break it down—no shilling, just facts. ## **Schiff’s Thought Experiment: A Supply Shock?** Schiff’s hypothetical goes like this: - **Current System:** 1 #BTC = 100,000,000 satoshis (sats). - **Schiff’s Twist:** What if 1 "new Bitcoin" = **100,000 sats** instead? - That would mean **21 billion "Bitcoins"** (but the same total sat supply). His argument? **Scarcity is about satoshis, not the arbitrary "Bitcoin" unit.** ### **Does This Change Bitcoin’s Value?** 🤔 **Short answer:** No. - The **total supply of sats (2.1 quadrillion)** stays the same. - Only the *denomination* changes—like measuring gold in grams instead of kilos. But Schiff’s point? **Perception matters.** If people think in "Bitcoins" instead of sats, does the bigger number *feel* less scarce? ## **Why the 21 Million Cap Still Matters** - **Fixed Supply:** Unlike fiat (looking at you, USD 💸), no one can print more Bitcoin. - **Halvings:** Every 4 years, new BTC mined gets cut in half—enforcing scarcity. - **Store of Value:** Scarcity + demand = long-term price support (just ask #Bitcoin maximalists). ### **What Crypto Twitter Thinks** - **Pro-BTC Crowd:** "Nice try, Schiff. Math doesn’t lie—sats are finite." - **Gold Bugs:** "But gold’s scarcity is physical, not just code!" - **Neutral Observers:** "It’s a fun brain teaser, but Bitcoin’s rules won’t change." #SECETFApproval $BTC

--

#USCryptoWeek # **SEC's "Crypto Mom" to Meet Small Projects - Is Regulation Finally Evolving?** According To Forsight News, U.S.A SEC Commissioner **Hester Peirce**—aka *Crypto Mom*—is sitting down with small crypto projects at **UC Berkeley on August 4** to discuss regulatory hurdles. Could this signal a shift in the SEC’s tough stance on crypto? Here’s what we know. ## **🚨 Why This Meeting Matters** The SEC has been **infamous** for its aggressive crypto crackdowns (Ripple, Coinbase, Uniswap… need we say more?). But Commissioner Peirce—one of the few **pro-crypto voices** at the SEC—is now **directly engaging** with small projects struggling under regulatory uncertainty. ### **Key Details:** 📅 **When:** August 4, 2024 📍 **Where:** University of California, Berkeley 📧 **How to Join:** Email the SEC (yes, really) to request participation ## **💡 What Small Crypto Projects Should Expect** This isn’t just another **bureaucratic talkfest**. Peirce has a history of pushing for **clearer crypto rules**, and this meeting could: ✅ **Highlight real regulatory pain points** (How do you comply when rules are unclear?) ✅ **Shape future SEC guidance** (Could we finally get a safe harbor for DeFi?) ✅ **Give small builders a voice** (Not just the Coinbases of the world) **Big question:** Will this lead to actual policy changes, or is it just optics? ## **🔍 The Bigger Picture: SEC vs. Crypto** The SEC’s approach to crypto has been… *controversial*, to say the least. - **🔴 Anti-Crypto Camp:** Chair **Gary Gensler** insists *"most tokens are securities."* - **🟢 Pro-Innovation Camp:** **Hester Peirce** argues for *"sandboxes, not lawsuits."* **This meeting could be a turning point**—if enough projects speak up. ## **📢 How Crypto Founders Can Get Involved** If you’re a **small crypto project** drowning in SEC uncertainty, here’s your chance: #Write2Earn

--

Latest News

Ethereum ETF Sees Record Weekly Inflows

--

Bitcoin(BTC) Drops Below 117,000 USDT with a 0.42% Decrease in 24 Hours

--

Cryptocurrency Market Experiences $371 Million Liquidation in 24 Hours

--

Economist Questions Bitcoin's Scarcity Amid Supply Redefinition

--

SEC Commissioner to Discuss Regulatory Challenges with Crypto Projects

--

Cookie Preferences

Cookie Preferences