Damus
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walker
@walker
Yes, Peter Schiff actually just made the claim that #Bitcoin isn’t scarce because you can divide them into satoshis 😂

As the old saying goes: “Give a man a fish and he’ll eat for a day. Cut a fish into a 100 million pieces and he’ll eat for 100 million days.”

Honestly kudos to @jack Mallers for not breaking out in laughter.
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satsified · 83w
So what you're saying is, we can feed the world by infinitely dividing a pizza?
zoomoutpls · 83w
if he didn't exist, we would have to invent him, I mean Peter, so entertaining ! he is definetely our Yang
R · 83w
I no longer think Peter Schiff fails to understand. I think he makes a massive amount of money off engagement and has his family using that money to stack sats.
Mel · 83w
https://v.nostr.build/STAnPwA5wGfR0tnW.mp4
Morpheus · 83w
People, please stop listening to Peter Schiff, he sounds like a guy from the post office telling you that email is heading nowhere.
Dany · 83w
Let the old guy adore his shiny rock. Stop arguing with him. He is just an attention seeker.
Sven · 83w
this is pure gold . . . gold! You see what I did there
PHILIP · 83w
😂🤝🏽
bitbuybyte · 83w
Somebody tell Peter that his gold isn’t scarce because you can break it into hundreds of thousands of pennies. What an absolute lune
ZenMeme · 83w
trying doing that with your ramen noodles in jail :)
Garth · 83w
Ignore the gold banshee
Chad Lupkes · 83w
How thin can you make a gold coin? 100 atoms? 50? 10?
shawn · 83w
He did say there are 2.1 “cod-rillion”Satoshis in each Bitcoin. Everyone gets Filet o’ Fish.
Niko 📚 Konsensus Network · 83w
He accidentally makes an excellent point: you can do with a satoshi everything you can do with a bitcoin (valuation aside). This is the rothbardian argument for a locked maximum circulation in hard money: any locked amount will work on any size of economy.
Eugenius · 83w
he starts looking really old
roscoclyde · 83w
😂
satskew · 83w
bitcoin derangement syndrome
just one more thing · 83w
https://media.tenor.com/GdgLgz__qn0AAAAC/bitcoin-rdbtc.gif
DesertNomad · 83w
nostr:nevent1qqszvzcv8xc3m896av2pwcjpem432a85tk0pr8e09ydytksdnr0pn0qpzpmhxue69uhkummnw3ezumt0d5hsygzqe2ndz25zyv4ej3utdrp9zhs3k20xr660vpj4c48a3z0ktq7kpupsgqqqqqqspsnp9z
PHILIP · 82w
I don’t really understand why bitcoiners still bother to debate him. It’s clearly just clickbait for him to stay relevant. I mean I would never know him if not for bitcoiners
Thomas · 82w
Of course you can cut a Pizza into a million slices and serve a million people with that Pizza. That’s purest logic! 🤷🏼‍♂️😂