{"id":162512,"date":"2025-07-12T20:00:03","date_gmt":"2025-07-12T17:00:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162512"},"modified":"2025-07-12T16:49:39","modified_gmt":"2025-07-12T13:49:39","slug":"peter-schiff-warns-of-dollar-collapse-questions-bitcoin-scarcity-model","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/peter-schiff-warns-of-dollar-collapse-questions-bitcoin-scarcity-model\/","title":{"rendered":"Peter Schiff Warns of Dollar Collapse, Questions Bitcoin Scarcity Model"},"content":{"rendered":"

Schiff pointed<\/a><\/strong> to rising speculation that Fed Chair Jerome Powell could resign as early as Monday. If confirmed, this could open the door for President Trump to install a new Fed chief willing to slash interest rates to the 1.25%\u20131.5% range\u2014down from the current 4.25%\u20134.5%.<\/p>\n

Trump has openly called for that target range, citing the need to revive growth. Schiff argues such a move would \u201cnail the coffin shut on the dollar,\u201d triggering a spike in long-term yields, consumer prices, and gold. His message to followers was blunt: easy money now means inflation chaos later.<\/p>\n

Schiff: Bitcoin supply cap is psychological, not structural<\/h2>\n

In a separate tweet, Schiff challenged the significance of Bitcoin\u2019s 21 million supply cap. He proposed<\/a><\/strong> a thought experiment: what if there were 21 billion BTC instead, each divisible into 100,000 satoshis instead of 100 million?<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
\n

Most Trending Cryptocurrencies on CoinGecko After Bitcoin\u2019s New ATH<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Schiff argued that the number of bitcoins is arbitrary\u2014the real scarcity lies in the total satoshi supply, which remains fixed regardless of how BTC units are defined. \u201cBitcoin\u2019s supply is actually meaningless,\u201d he wrote. \u201cIt\u2019s the satoshi supply that counts.\u201d<\/p>\n

His comment reignited a long-standing debate in crypto circles: does psychological framing matter more than technical scarcity?<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold advocate Peter Schiff issued a stark warning on monetary policy and sparked fresh debate about Bitcoin\u2019s perceived scarcity. In a pair of high-profile posts on July 12, Schiff criticized the current Fed rate stance and challenged the logic behind Bitcoin\u2019s 21 million supply cap.<\/p>\n","protected":false},"author":7,"featured_media":23704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27,22],"tags":[72,424,224,122],"coin_category":[],"class_list":["post-162512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-others","tag-bitcoin","tag-crypto","tag-gold","tag-trump"],"acf":[],"yoast_head":"\nPeter Schiff Warns of Dollar Collapse, Questions Bitcoin Scarcity Model<\/title>\n<meta name=\"description\" content=\"Gold advocate Peter Schiff issued a stark warning on monetary policy and sparked fresh debate about Bitcoin\u2019s perceived...\" \/>\n<meta name=\"robots\" content=\"index, follow, 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