Howard Lutnick Emphasizes Bitcoin’s Scarcity as a Key Feature

Commerce Secretary Howard Lutnick recently highlighted the significance of Bitcoin’s fixed supply limit of 21 million coins. He emphasizes this feature sets Bitcoin apart from traditional currencies, further distinguishing its scarcity and trustworthiness. Lutnick argues that unlike governments that can print unlimited money, Bitcoin offers genuine scarcity in a financial system susceptible to inflation and manipulation.