Robert Keusaki, author of "Rich Dad Poor Dad", argued that Bitcoin will force the US dollar to "hide". He referred to the economic principles and the effects of the network to support its prediction about the future of the currency.
In a series of tweets, Kyusaki explained his budget position on Bitcoin (BTC) Through major laws. First, he referred to the Griemeh Law, which states that "bad money" in the system causes "good money" to hide. He pointed out that gold, silver and bitcoin are forcing the fake US dollar to hide.
The financial author also confirmed the Metcalfe Law, which describes the power of networks. KIYOSAKI, which is compatible with successful business models such as McDonald's and its Rich Dad, suggested the effect of the Bitcoin network on its increasing impact on the global financial system.
On January 4, Kyusaki to caution From "giant market crashing" while maintaining its positive outlook on bitcoin, gold and silver. He criticized the Federal Reserve, the Treasury Treasury, and the banks Wall Street to rely on printing money, on the pretext that this practice enriches asset holders while hurting those who provide dollar due to inflation and taxes.
Kiyosaki has increased explicit position on the possibility of Bitcoin, saying that unlike the methods of building traditional wealth that requires advanced knowledge, making Bitcoin "becoming an easy rich" through simple accumulation and strategies. He suggested that buying small amounts of bitcoin and their long -term contract may lead to the creation of wealth.
His comments come amid broader discussions on monetary policy and inflation concerns. Keusaki advised his followers to protect themselves from inflation through saving in what he considers "real origins" - gold, silver and bitcoin - instead of keeping dollars. Financial teacher statements are in line with the increasing institutional interest in Bitcoin as a possible hedging against inflation.
Source link