Peter Schiff Challenges Michael Saylor’s Bitcoin Scarcity Argument

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 … Continue reading "Peter Schiff Challenges Michael Saylor’s Bitcoin Scarcity Argument" The post Peter Schiff Challenges Michael Saylor’s Bitcoin Scarcity Argument appeared first on Cryptoknowmics-Crypto News and Media Platform .