As Bitcoin surged to unprecedented heights, reaching $118,000, Peter Schiff, a well-known economist and gold advocate, sparked heated discussions within the cryptocurrency circle. He criticized the 21 million Bitcoin supply limit as lacking authenticity, claiming it’s founded more on societal belief than intrinsic scarcity.
Continue Reading:Does Bitcoin’s Scarcity Decision Hold Real Weight?
Source: https://en.bitcoinhaber.net/does-bitcoins-scarcity-decision-hold-real-weight