Financial expert and author Robert Kiyosaki, well-known for his book “Rich Dad Poor Dad,” emphasizes two fundamental principles that he believes make Bitcoin $0.000088 superior to the US dollar. In his social media statements, Kiyosaki referenced Gresham’s Law and Metcalfe’s Law as the key reasons behind his positive outlook on Bitcoin.
Gresham’s Law and Bitcoin
Kiyosaki explained that Gresham’s Law predicts that bad money drives out good money. He noted that fiat currencies like the US dollar have lost their reliability due to inflation and excessive money printing. In contrast, he stated, Bitcoin is regarded as “good money,” alongside assets like gold and silver, leading individuals to turn to these alternatives to safeguard their wealth.
Metcalfe’s Law and the Bitcoin Network
Additionally, Kiyosaki referenced Metcalfe’s Law, which asserts that the value of a network grows exponentially with its number of users. The increasing user base and global acceptance of Bitcoin enhance its value and impact. This principle p…
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