The well -known author of Rich Dad Poor Dad and financial expert Robert Kiyosaki remains extremely optimistic about Bitcoin (BTC). Last weekend he shared his vision on the future of BTC through the social media platform X.
According to Kiyosaki, Bitcoin prices will continue to rise in the coming years, based on two fundamental economic principles: the so-called Gresham’s Law and Metcalfes Law.
Criticism of Fiatruututa
Kiyosaki again expressed criticism of Fiatruututa, such as the American dollar, who, according to him, have lost much of their credibility and value in recent years. This is mainly due to inflation and the excessive printing of money by central banks.
According to Kiyosaki, assets such as bitcoin, gold and silver offer better protection against economic uncertainties. Because of their scarcity, they are a reliable way to hold value. He emphasized that these investment agents remain the safest option for investors in the coming years.
Gresham’s Law: “Bad money dispels good money”
One of the laws that Kiyosaki refers is Gresham’s Law. This law states that “bad money is dispeling good money.” This means that when two forms of money are in circulation, people are inclined to save the money with a higher intrinsic value (such as Bitcoin) and to use the money with a lower value (such as Fiatruututa) for transactions.
According to Kiyosaki, we see this principle reflected in the way Bitcoin is used. Although BTC continues to rise in value, it is used relatively little for transactions compared to Fiatraluta. This indicates that investors consider Bitcoin as a storage of value, rather than a means of daily payments.
Metcalfe’s law and the growth of the Bitcoin network
The second law that Kiyosaki emphasized is Metcalfe’s Law. This states that the value of a network increases exponentially with the number of users. Kiyosaki points to the continuous growth of the Bitcoin network, which attracts new users every day and is one of the most recognized crypto currency in the world.
According to the financial expert, this growth is one of the main reasons why the Bitcoin price will only rise further in the future. The increasing adoption and the network effect reinforce the value of BTC, which further convinces investors to hold on to their bitcoin investments.
Conclusion
With his optimistic vision of Bitcoin and criticism of Fiatruututa, Robert Kiyosaki remains one of the most pronounced advocates of BTC. His reference to fundamental economic laws, such as Gresham’s Law and Metcalfes Law, underlines his conviction that Bitcoin will remain an important investment agent in the coming years.
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Source: https://newsbit.nl/robert-kiyosaki-blijft-bullish-op-bitcoin-prijs-zal-blijven-stijgen/
