- Robert Kiyosaki highlighted Gresham’s and Metcalfe’s Laws as the key to Bitcoin’s value.
- The U.S. government’s growing Bitcoin reserves may boost demand and influence market trajectory.
As Bitcoin [BTC ($98,929.53)] continues to gain traction, Robert Kiyosaki, renowned financial analyst and author of the book “Rich Dad Poor Dad,” highlighted BTC’s superiority over the U.S. dollar.
Robert Kiyosaki on Bitcoin vs. U.S. dollar
In a recent X post, Kiyosaki underscored his optimism for the cryptocurrency, citing Gresham’s Law and Metcalfe’s Law as fundamental principles reinforcing Bitcoin’s long-term value and utility.
Beginning with Gresham’s Law, he explained,
“When BAD money enters a system GOOD ($0.00) 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 argued that fiat currencies like the U.S. dollar have steadily lost credibility due to rampant inflation and excessive money printing.
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