Noted economist Peter Schiff questioned the exclusivity of Bitcoin’s (CRYPTO: BTC) finite supply on Friday, claiming that such assets can be easily created using a Solana (CRYPTO: SOL) blockchain.
What Happened: Schiff took to X to challenge the idea that the apex cryptocurrency’s “valuable digital property” thesis lies in its fixed supply, as advocated by prominent Bitcoin bull and MicroStrategy Chairman Michael Saylor.
“Anyone with a Solana address can create a meme coin with a fixed supply at practically no cost. The potential supply of fixed-supply digital assets is infinite,” Schiff argued.
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