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– Why Robert Kiyosaki believes bitcoin is better than the US dollar. Robert Kiyosaki, author of Rich Dad, Poor Dad, makes a compelling case that bitcoin is a more secure store of value than the U.S. dollar.
As inflation and excessive currency printing undermine confidence in fiat money, Kiyosaki sees bitcoin as a growing alternative that offers more stability and
Kiyosaki explains that bitcoin, along with gold, silver and other precious metals, falls into the category of good money in times of dollar weakness. According to Kiyosaki, Gresham’s Law (bad money crowds out good money) applies to today’s economy, and bitcoin is becoming an increasingly safe bet as people look for alternatives to the weak dollar.
Kiyosaki also explains that the more participants there are, the more valuable the network becomes. He also pointed out Metcalfe’s Law, which states that the more participants there are, the higher the value of the network. Bitcoin’s growing global user base increases its value, and its decentralized nature further increases its potential. This growing interest is similar to the scaling success seen in large corporations and franchise systems.
spite of this, Goldman Sachs CEO David Solomon is skeptical of bitcoin, viewing it more as a speculative asset than a real competitor to the U.S. dollar. He also sees it as more of a speculative asset than a real competitor to the US dollar. Nevertheless, Kiyosaki believes that the continued decline of the US dollar, as well as the growing interest in bitcoin and gold, is a natural shift towards assets that retain their value.