Ripple Executive Speaks Out: Bitcoin Scarcity Is a Technical Law, Not a Conceptual Game

2025-12-06 10:20:17

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[Crypto World] Ripple’s chief technologist, David Schwartz, recently got involved in an interesting debate. It all started when the founder of a major exchange and gold maximalist Peter Schiff got into another spat, with the topic being the age-old question—whether Bitcoin is truly scarce.

Schwartz stepped in and made his position clear. He pushed back against the argument that “you can just copy a perfect Bitcoin,” saying that logic doesn’t hold up at all. His main point is actually quite simple: 1 Bitcoin is 1 Bitcoin, and the total supply is 21 million—this is hardcoded.

In short, Bitcoin’s scarcity isn’t just hype; it’s locked in at the technical level. You can fork a thousand altcoins, but you can’t change the original Bitcoin’s supply cap. This debate once again brings one of the most fundamental crypto world consensuses to the forefront.

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BearMarketSurvivor

· 8h ago

To be honest, Schwartz isn't wrong this time. Those arguments about "perfectly copying Bitcoin" are just nonsense—on-chain data is right there, and code is law. There are forked coins everywhere, but none can change BTC's hard rule of 21 million, and that's the difference. The gold bugs really should take a good look at this.

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WalletWhisperer

· 9h ago

nah schwartz finally said something worth hearing. scarcity isn't a narrative—it's literally encoded. the fork copycats missing the whole point, watching address clustering patterns tells you everything about where real conviction sits

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FromMinerToFarmer

· 9h ago

Haha Schwartz nailed it this time, there’s no need to debate Bitcoin’s scarcity at all—everyone’s equal in front of the code. --- Here we go again with the “perfectly copy Bitcoin” nonsense. Do they really think they’re Satoshi? --- There are tons of fork coins, but none can shake BTC’s position. What does that tell you? --- That Peter Schiff crowd is honestly just left behind by technology, still trying to apply gold theories to crypto. --- The supply cap is hardcoded, and that alone is enough. Everything else is just nonsense. --- This debate happens every year, feels like it never ends. --- I get Schwartz’s logic, but how do you explain those coins claiming to be “better Bitcoin”? --- The 21 million number has long been a hard rule. There are still people who don’t believe it? Incredible. --- Technological lock vs. theoretical arguments—at the end of the day, tech always wins.

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MevWhisperer

· 9h ago

Copy Bitcoin? Dude, are you kidding? The hard-coded 21 million in the code is exactly 21 million. This isn't a conceptual game; it's a law of physics.

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