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🚨 Peter Schiff Questions Bitcoin’s Scarcity – Is It All Just Unit Framing?

Economist Peter Schiff has stirred debate again, this time on X, by questioning the perception of Bitcoin’s scarcity.

He posed a scenario:

What if Bitcoin had a supply of 21 billion instead of 21 million… and each unit had 100,000 satoshis instead of 100 million?

Schiff argues:

The number 21 million is arbitrary.

The true supply is 2.1 quadrillion satoshis – the smallest indivisible unit.

Therefore, Bitcoin's scarcity is just a perception, shaped by how units are framed.

📉 Is this a threat to Bitcoin’s “digital gold” narrative?

💥 Bitcoiners disagree:

Scarcity isn’t about unit names — the satoshi cap is still hard-coded.

Increasing divisibility ≠ increasing supply.

It’s like slicing a pizza more — not getting more pizza.

Bottom line: Schiff challenges perception, not the protocol. Bitcoin$BTC ’s true scarcity lies in the hard cap of 2.1 quadrillion satoshis — and that hasn’t changed.

🧠 Is Bitcoin's scarcity just a psychological trick — or fundamental economics?

Drop your thoughts 👇

#Bitcoin $BTC

#PeterSchiff #Scarcity