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Finbold 2025-01-26 11:52:54

R.Kiyosaki says Bitcoin ‘forcing the fake U.S. dollar into hiding’

Author of ‘Rich Dad Poor Dad ,’ Robert Kiyosaki , has once again voiced his support for alternative investment assets, including Bitcoin ( BTC ), gold , and silver , claiming they are exposing the flaws of the U.S. dollar. To emphasize his point, Kiyosaki referenced two key economic principles—Gresham’s Law and Metcalfe’s Law—highlighting Bitcoin’s growing dominance in an X post on January 25. Kiyosaki explained Gresham’s Law, which states that “bad money drives good money into hiding,” by noting how gold and silver have historically been hoarded as the U.S. dollar depreciates. He added that Bitcoin has joined this “good money” category, further challenging the “fake U.S. dollar.” “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,” he said. Turning to Metcalfe’s Law, which quantifies the power of networks, Kiyosaki likened Bitcoin’s expanding adoption to the success of global franchises like McDonald ‘s (NYSE: MCD ). The author stressed that network power lets smaller players gain influence and wealth, urging the adoption of capitalism through assets like Bitcoin. 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’s pessimistic dollar outlook Kiyosaki’s sentiments align with his long-held pessimism about the dollar, which he has labeled as ‘fake money.’ In this context, he has consistently championed alternative investments over traditional financial tools. As reported by Finbold, Kiyosaki recently thanked Bitcoin investors for not trusting the U.S. government, Treasury, and Federal Reserve, which he referred to as a ‘Den of Thieves.’ With the investor maintaining a controversial outlook and predicting an impending economic crash , he continues to advocate for Bitcoin, gold, and silver as ideal assets for wealth preservation in such an environment. Additionally, with Bitcoin rallying to new highs above $100,000, Kiyosaki has stressed that accumulating the leading digital asset is not too late. He has projected that Bitcoin could reach approximately $500,000 by 2025, describing it as a coin “designed to make everyone rich,” whether early adopters or latecomers. Interestingly, Kiyosaki has maintained that whenever Bitcoin’s price crashes, it should be welcomed as an opportunity to accumulate more of the asset. Which asset is better? Amid this outlook, Kiyosaki considers all three alternatives equal, dismissing the debate between Bitcoin and gold as a distraction. He suggests that such comparisons serve as a smokescreen to divert attention. Overall, Kiyosaki’s criticism of traditional finance, particularly the dollar, potentially overlooks the currency’s strength as the current global reserve currency. While there may be a chance for the dollar to be dethroned by Bitcoin, gold, or silver, which offer diversification, the currency remains a dominant player in the financial landscape despite possible erosion from inflation. Featured image via Ben Shapiro’s YouTube . The post R.Kiyosaki says Bitcoin ‘forcing the fake U.S. dollar into hiding’ appeared first on Finbold .

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