{"id":9785,"date":"2025-01-27T04:46:41","date_gmt":"2025-01-27T04:46:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9785"},"modified":"2025-01-27T04:46:41","modified_gmt":"2025-01-27T04:46:41","slug":"bitcoins-scarcity-dismissed-by-economist-peter-schiff-anyone-with-a-solana-address-can-create-a-meme-coin-with-a-fixed-supply","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9785","title":{"rendered":"Bitcoin&#8217;s Scarcity Dismissed By Economist Peter Schiff: &#8216;Anyone With A Solana Address Can Create A Meme Coin With A Fixed Supply&#8217;"},"content":{"rendered":"<div>\n<p>Noted economist <strong>Peter Schiff <\/strong>questioned the exclusivity of <strong>Bitcoin\u2019s <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) finite supply on Friday, claiming that such assets can be easily created using a <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) blockchain.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0<strong>Schiff<\/strong>\u00a0took to X to challenge the idea that the apex cryptocurrency\u2019s \u201cvaluable digital property\u201d thesis lies in its fixed supply, as <a href=\"https:\/\/x.com\/saylor\/status\/1767178599390458285\">advocated <\/a>by prominent Bitcoin bull and <strong>MicroStrategy<\/strong> Chairman <strong>Michael Saylor<\/strong>.<\/p>\n<p>\u201cAnyone 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,\u201d Schiff argued.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The reason <a href=\"https:\/\/twitter.com\/saylor?ref_src=twsrc%5Etfw\">@saylor<\/a> claims Bitcoin is valuable digital property is because it&#8217;s the only asset with a fixed supply. But anyone with a Solana address can create a meme coin &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/01\/43220325\/whats-so-special-about-bitcoins-supply-cap-asks-peter-schiff-anyone-with-a-solana-address-can-create-a-meme-coin-\" alt=\"Bitcoin's\" scarcity dismissed by economist peter schiff: with a solana address can create meme coin fixed supply>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Noted economist Peter Schiff questioned the exclusivity of Bitcoin\u2019s (CRYPTO: BTC) finite supply on Friday, claiming that such assets can be easily created using a Solana (CRYPTO: SOL) blockchain. What Happened:\u00a0Schiff\u00a0took to X to challenge the idea that the apex cryptocurrency\u2019s \u201cvaluable digital property\u201d thesis lies in its fixed supply, as advocated by prominent Bitcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9785","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9785"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9785\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}