Crypto Updates

Peter Schiff Challenges Michael Saylor’s Bitcoin Scarcity Argument

Peter Schiff

Renowned economist Peter Schiff recently challenged MicroStrategy co-founder Michael Saylor’s bullish stance on Bitcoin. In an X post, Schiff acknowledged Bitcoin’s deflationary nature but argued that its value hinges on continuous demand. While Saylor has long promoted Bitcoin’s scarcity as a key driver of its price, Schiff warned that when demand decreases, Bitcoin’s price could …

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