‘Rich Dad Poor Dad’ Author Predicts Bitcoin Will Surpass the US Dollar, Citing Economic Principles
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Highlights:
- Robert Kiyosaki believes Bitcoin outshines the US dollar, citing Gresham’s and Metcalfe’s Laws.
- Gresham’s Law shows bad money pushes good money into hiding, with Bitcoin leading.
- Metcalfe’s Law explains Bitcoin’s network growth boosts its value and influence.
Robert Kiyosaki, the American financial analyst and author of “Rich Dad and Poor Dad,” recently posted on X (formerly Twitter) about Bitcoin’s potential to surpass the US dollar. He highlights Gresham’s Law and Metcalfe’s Law as key supporting principles.
Advertisement
Kiyosaki on Gresham’s and Metcalfe’s Laws Supporting Bitcoin Dominance Over US Dollar
Kiyosaki referenced Gresham’s Law, which suggests bad money chases good money out of circulation. “Good money gold and silver have been hiding from FAKE US dollars for years. Today, Gold, silver, and Bitcoin are forcing the fake US dollar into hiding,” he said.
Kiyosaki highlighted that fiat currencies like the US dollar have declined trust due to inflation and overprinting. He emphasized that Bitcoin, gold, and silver represent “good money” in contrast. He says these assets are becoming the most reliable investment options as confidence in traditional paper currencies erodes.
Kiyosaki explained Metcalfe’s Law, which states that a network’s value increases as its user base grows. He compared Bitcoin’s growth to franchise networks and large corporations, explaining that these systems become stronger as they expand in scale. Similarly, Bitcoin’s decentralized nature allows people and businesses to use its growing network for transactions and storing value.
TWO LAWS THAT GIVE BITCOIN POWER
1: GRESHAMS LAW: When BAD money enters a system GOOD money goes into hiding. Good money gold and silver have been hiding from FAKE US dollars for years.
Today, Gold, silver, and Bitcoin are forcing the fake US dollar into hiding.
2:…
— Robert Kiyosaki (@theRealKiyosaki) January 25, 2025
Kiyosaki Warns of Market Crash
Earlier this month, Robert Kiyosaki warned about the beginning of a “GIANT MARKET CRASH.” He stressed the need to invest in tangible assets like gold, silver, and Bitcoin as a safeguard against the expected economic collapse. Kiyosaki blamed the upcoming market crash on the reckless monetary policies of the US central bank, governments, and financial institutions.
Kiyosaki advises investors to focus on tangible assets like Bitcoin and gold to prepare for the upcoming crash, as they hold value and grow during economic crises.
GIANT MARKET CRASH here.
Q: How can I be so bullish on gold, silver, and Bitcoin?
A: Because the idiots running the Fed, Treasury, Banks, and Wall Strret only know how to print money, which makes things worse.FYI: When fake money is printed the rich, who own real assets get…
— Robert Kiyosaki (@theRealKiyosaki) January 3, 2025
The author of Rich Dad Poor Dad expressed his admiration for Bitcoin on X. He stated that purchasing Bitcoin is the easiest way to get rich, suggesting that anyone can start by buying “one Satoshi” for the long term. Robert concluded his post by claiming that only those who can’t get rich with Bitcoin are foolish.
WHY I LOVE BITCOIN: As an old guy, you had to be very smart to get rich.
BITCOIN makes getting rich easy. All you have to do is buy one Satoshi and HODL.
The only people who cannot get rich with BITCOIN are STUPID.
— Robert Kiyosaki (@theRealKiyosaki) January 15, 2025
Binance Founder Changpeng ‘CZ’ Zhao teased his support for Bitcoin tokens in a post on X. He mentioned that everyone experiences FOMO but emphasized the importance of acting responsibly. This post not only suggests his backing for buying Bitcoin at its lower price but also urges crypto enthusiasts to consider the volatile nature of cryptocurrencies, particularly Bitcoin.
Everyone has FOMO. Just do it responsibly. 😆
— CZ 🔶 BNB (@cz_binance) January 15, 2025
Goldman Sachs CEO Dismisses Bitcoin Surpassing the US Dollar
During an interview at the World Economic Forum on January 22, Goldman Sachs CEO David Solomon expressed confidence in the US dollar while recognizing Bitcoin’s potential in the financial sector. He emphasized that Bitcoin doesn’t pose a threat to the US dollar, describing it as an “interesting speculative asset.” Solomon described the blockchain technology behind crypto as “super interesting.” He highlighted its potential to reduce friction in the financial system.
Goldman Sachs CEO David Solomon said that from a regulatory perspective, Goldman Sachs is still unable to hold, make markets or participate in Bitcoin business. Regarding Trump's proposed US strategic Bitcoin reserve plan, Solomon emphasized that Bitcoin will not threaten the…
— Wu Blockchain (@WuBlockchain) January 23, 2025
eToro Platform
Best Crypto Exchange
- Over 90 top cryptos to trade
- Regulated by top-tier entities
- User-friendly trading app
- 30+ million users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.
Advertisement
