Satoshi

Satoshi Nakamoto

Bitcoin

Elon Musk

<div class="finbold">
 <p class="paragraph">Although Robert Kiyosaki, the renowned investor and author of the best-selling personal finance book <em>‘Rich Dad Poor Dad,’ </em>is a big fan of gold and <a rel="noopener noreferrer nofollow" title="silver" href="https://thebittimes.com/tag/silver.html">silver</a>, he has recently admitted that the maiden cryptocurrency Bitcoin (BTC) might have an advantage over these precious metals.</p>
 <p class="paragraph">As it happens, Kiyosaki acknowledged that, despite his love for gold and <a rel="noopener noreferrer nofollow" title="silver" href="https://thebittimes.com/tag/silver.html">silver</a>, as well as his owning of gold and <a rel="noopener noreferrer nofollow" title="silver" href="https://thebittimes.com/tag/silver.html">silver</a> mines, there was a <a rel="noopener noreferrer nofollow" title="problem" href="https://thebittimes.com/tag/problem.html">problem</a> with these precious metals that Bitcoin doesn’t have – the seemingly unlimited supply, as he explained in an X post on March 14.</p>
 <p class="paragraph">Indeed, according to the finance educator:</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bitcoin Frontier Fund announces large investments in Bitcoin ecosystem <span class="self-center text-xs text-slate-500">18 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    UK Judge says Craig Wright is not Bitcoin creator Satoshi <span class="self-center text-xs text-slate-500">18 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Nexo reports $50 million in holiday purchases, winning FinTech Breakthrough award <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Elon Musk says Tesla to allow Dogecoin payments; What’s next for DOGE? <span class="self-center text-xs text-slate-500">20 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“The <a rel="noopener noreferrer nofollow" title="problem" href="https://thebittimes.com/tag/problem.html">problem</a> with gold and <a rel="noopener noreferrer nofollow" title="silver" href="https://thebittimes.com/tag/silver.html">silver</a> is…the higher the prices go, the more gold and <a rel="noopener noreferrer nofollow" title="silver" href="https://thebittimes.com/tag/silver.html">silver</a> is found. Same with oil. I own oil wells, also. No matter how high the price of Bitcoin goes, there will only be 21 million ever. That’s why I love Bitcoin.”</p>
 </blockquote>
 <h2 class="wp-block-heading" id="h-21-million-bitcoin-cap">21 million Bitcoin cap</h2>
 <p class="paragraph">Specifically, Kiyosaki was referring to the fact that the elusive Bitcoin creator Satoshi Nakamoto set Bitcoin’s supply at 21 million tokens so that there can only ever be 21 million BTC in existence to ensure the deflationary nature of the asset and set it apart from fiat currencies.</p>
 <p class="paragraph">In other words, the flagship decentralized finance (DeFi) asset’s limited quantity, which Satoshi incorporated into its source code, ensures Bitcoin’s scarcity and prevents inflation or manipulation, as is the case with traditional currencies. The halvings also reduce the new Bitcoin creation rate through mining.</p>
 <h2 class="wp-block-heading" id="h-how-did-robert-kiyosaki-make-his-money">How did Robert Kiyosaki make his money?</h2>
 <p class="paragraph">As a reminder, Robert and his wife, Kim Kiyosaki, have built a financial education empire that extends to board games, courses, and coaching in finances and investing, while Robert himself often recounts his experience of buying gold behind enemy lines in Vietnam when he was in the Marine Corps.</p>
 <p class="paragraph">The husband and wife duo are also the authors of numerous books about personal finance, but it was the <em>‘Rich Dad Poor Dad’</em> that catapulted them to fame over 25 years ago, and they have since launched <em>The Rich Dad Channel</em> podcast, which often hosts experts from the fields of finance and investing.</p>
 <p class="paragraph">Meanwhile, Robert and Kim Kiyosaki’s favorite crypto asset, Bitcoin, was at press time trading at $65,881, recording a decline of 10.24% in the last 24 hours and adding up to the 0.15% drop on its weekly chart while still holding onto the 32.60% gain in the last month.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/robert-kiyosaki-reveals-the-problem-with-gold-and-silver-why-he-loves-bitcoin-tbt82592.html">https://thebittimes.com/robert-kiyosaki-reveals-the-problem-with-gold-and-silver-why-he-loves-bitcoin-tbt82592.html</a></p>

Robert Kiyosaki reveals the problem with gold and silver, why he loves Bitcoin

목차

TheBitTimes

2024년 3월 15일에 게재된 다른 기사

Ripple: Analyst Sets Ambitious XRP Target of $31

Ethereum Gas Fee Upgrade SHOCKING RESULTS! | Coinbase Fees Go to Zero

This New DeFi Project Is All Set to Grow 30X in 2024, Analysts Compare Algotech Potential to MATI...

Seizing Opportunities: Leveraging Retail Trends for Growth in 2024

$RECQ Steps Into the Ring With Chainlink and Avalanche – Will It Dominate? Don’t Miss Out

Polygon’s MATIC Shows Potential for Higher Gains

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!