Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
crypto.news 2025-01-27 07:04:29

‘Rich Dad’ author Kiyosaki predicts Bitcoin will challenge US dollar dominance

‘Rich Dad’ author Kiyosaki predicts Bitcoin will challenge US dollar dominance

Robert Kiyosaki, author of “Rich Dad Poor Dad,” has argued that Bitcoin will force the US dollar “into hiding.” He cited economic principles and network effects to support his prediction about the future of currency. In a series of tweets, Kiyosaki explained his bullish stance on Bitcoin ( BTC ) through two key laws. First, he referenced Gresham’s Law, which states that “bad money” in a system causes “good money” to go into hiding. He noted that gold, silver and Bitcoin are forcing the fake U.S. dollar into hiding. 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 The financial author also emphasized Metcalfe’s Law, which describes the power of networks. Drawing parallels to successful business models like McDonald’s and his own Rich Dad company, Kiyosaki suggested Bitcoin’s network effect would contribute to its growing influence in the global financial system. On January 4, Kiyosaki warned of an impending “giant market crash” while maintaining his positive outlook on Bitcoin, gold, and silver. He criticized the Federal Reserve, Treasury, banks, and Wall Street for relying on money printing, arguing this practice enriches asset holders while harming those who save in dollars due to inflation and taxes. You might also like: Jupiter DEX changes, Musk’s blockchain plans, MicroStrategy’s Bitcoin buys | Weekly Recap Kiyosaki has taken an increasingly vocal stance on Bitcoin’s accessibility, stating that unlike traditional wealth-building methods that required sophisticated knowledge, Bitcoin makes “getting rich easy” through simple accumulation and holding strategies. He suggested that purchasing even small amounts of Bitcoin and holding it long-term could lead to wealth creation. His comments come amid broader discussions about monetary policy and inflation concerns. Kiyosaki advised his followers to protect themselves against inflation by saving in what he considers “real assets” – gold, silver, and Bitcoin – rather than holding dollars. The financial educator’s statements align with growing institutional interest in Bitcoin as a potential hedge against inflation . Read more: Solana vs. Ethereum—who will take the lead in 2025?

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.