The author of the personal finance bestseller Rich Dad Poor Dad has just warned about the scarcity of gold.
Robert Kiyosaki say He remains a big believer in precious metals, but he would choose to buy Bitcoin if he could only own one asset.
“I’m often asked: what is a better investment? Gold or Bitcoin. Obviously, I would say both for asset diversification and adding silver. But if I had to choose just one asset, I would choose Bitcoin.”
He believes Bitcoin is better than gold because the most important digital asset is finite by nature.
“Gold is theoretically infinite. If the price of gold rises, more prospectors, which is me, will dig more.
Bitcoin is limited by design to 21 million…. a number we are now close to. That means… the design is… that no more Bitcoin can be added after 21 million have been mined.
That means the price of Bitcoin should only go up. Glad I bought my Bitcoin early.”
Kiyosaki say he just invests in gold, silver and oil is against the idea of saving fiat.
“The US dollar is in trouble. Fiat (fake $) savers are the biggest losers.”
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Generated image: Midjourney