Robert Kiyosaki Reveals Why He Trusts Bitcoin With His Wealth
Ah, the illustrious Robert Kiyosaki, that sage of financial wisdom, has once again donned his oracle’s robe, extolling the virtues of Bitcoin, that digital phoenix rising from the ashes of economic mediocrity. He scoffs at the feeble attempts of lesser cryptocurrencies and fiat currencies, which he deems as mere playthings, destined to crumble under the unyielding weight of economic gravity. đź’¸
Robert Kiyosaki’s Crypto Filter: Why Bitcoin Survives His Laws of Money Test
Our dear Kiyosaki, the literary maestro behind the globally adored tome, Rich Dad Poor Dad, has taken to the digital stage once more, elucidating his fervent belief in Bitcoin while casting a disdainful glance at the motley crew of cryptocurrencies that fail to tickle his fancy. His literary masterpiece, a perennial bestseller, has been translated into a veritable cornucopia of languages, shaping the financial psyche of countless souls across the globe. 🌍
On the fateful day of May 24, Kiyosaki graced the social media platform X with his profound insights:
I invest in Bitcoin because [it] is a network. Most cryptos are not … I do not invest in shit coins without networks, because they violate Metcalfe’s Law.
For our esteemed author, Bitcoin is the golden child, the prodigy that adheres to what he dubs the “laws of money.” He invokes the venerable Metcalfe’s Law and Gresham’s Law, those twin pillars of economic wisdom. Metcalfe’s Law, in all its glory, proclaims that the value of a network swells in proportion to its users. Kiyosaki, with a twinkle in his eye, asserts that Bitcoin’s might lies in its sprawling, decentralized network—unlike the pitiful pretenders, which he derisively labels as “shit coins,” lacking any semblance of adoption or utility. He draws whimsical comparisons to the likes of FedEx and McDonald’s, noting that their worth springs from being part of a grand tapestry, rather than isolated threads. 🍔📦
He further invokes Gresham’s Law, that age-old adage which posits that bad money drives out good. Kiyosaki, with a flourish, applies this to fiat currencies, particularly the U.S. dollar, which he boldly brands as “fake money.” He punctuates this assertion in his post with a flourish:
I do not save U.S. dollars because the U.S. dollar violates Gresham’s Law.
For years, Kiyosaki has been the harbinger of doom regarding fiat currencies, government extravagance, and the looming specter of a U.S. economic collapse. His remedy remains steadfast: invest in assets that possess genuine value. For him, this translates to amassing gold, silver, and Bitcoin—because, as he so eloquently puts it, they adhere to the laws that lead to wealth, not the abyss of poverty. 🪙
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2025-05-26 02:57