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Cryptocurrency News Articles

Robert Kiyosaki Reiterates Bitcoin (BTC) Preference Over US Dollar, Invokes Gresham’s Law

Jan 27, 2025 at 04:20 am

Robert Kiyosaki, the acclaimed author of “Rich Dad Poor Dad,” has reiterated his preference for Bitcoin (BTC) over the US dollar.

Robert Kiyosaki Reiterates Bitcoin (BTC) Preference Over US Dollar, Invokes Gresham’s Law

Acclaimed author of “Rich Dad Poor Dad,” Robert Kiyosaki, has once again voiced his preference for Bitcoin over the US dollar.

In a post on X on Sunday, Kiyosaki highlighted the vast differences between Bitcoin and the US dollar, labeling the former as “good money” and the latter as “bad money.”

The author has been a long-time proponent of Bitcoin and other cryptocurrencies.

Kiyosaki’s latest argument focuses on Bitcoin’s superior ability to serve as a store of value compared to the dollar. He predicts that the leading digital asset will outpace the greenback in the long run due to its stability and growth potential, which he claims the dollar lacks due to inflation and excessive printing.

He also invoked Gresham’s Law to argue that ‘bad money,’ like the dollar, has pushed ‘good money,’ such as precious metals and Bitcoin, into hiding. However, he maintains that Bitcoin, gold, and silver are now pushing back, causing the dollar to retreat.

提及梅特卡夫定律,他强调了参与者强大网络的重要性。

Kiyosaki’s remarks come as Bitcoin continues to gain traction as a mainstream investment and payment method. His views reflect a growing sentiment within certain financial circles that digital currencies offer a viable alternative to traditional fiat currencies.

This shift in perception could have major implications for the future of global finance, especially if more corporations follow MicroStrategy’s lead and allocate a portion of their treasury to Bitcoin.

Kiyosaki has consistently advised his followers to protect their wealth from the impending market crash by investing in real assets like gold, silver, and Bitcoin.

Recently, he warned of a global financial crisis and urged people to prepare for the coming economic downturn.

According to Kiyosaki, the Federal Reserve and US government are to blame for this impending crisis due to their excessive printing of money throughout the COVID-19 pandemic.

His solution to this problem involves investing in hard assets that will hold their value during times of economic turmoil.

Robert Kiyosaki Predicts Massive Market Crash: ‘Save Gold, Silver, & Bitcoin, Crash Is Here’

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Other articles published on Jan 27, 2025