In this episode of the Rich Dad Radio Show, Robert Kiyosaki is joined by Mark Moss, a leading authority on cryptocurrencies, to discuss the future of Bitcoin and its potential impact on the global economy. Kiyosaki reflects on the predictions made by futurists like Dr. R. Buckminster Fuller and Henry Ford about the emergence of electronic and energy money, which are realized today through cryptocurrencies like Bitcoin.
Moss explains the concepts of Bitcoin halving, its scarcity compared to gold, and the reasons behind Bitcoin’s increasing value over time. Drawing on comparisons with traditional assets and the concept of supply and demand, Moss predicts an exponential growth in Bitcoin’s value, suggesting it could reach $43 million per Bitcoin in less than 50 years by becoming a global unit of account. The episode also covers the strategic approach to investing in Bitcoin, highlighting the importance of acquiring and holding onto assets rather than converting them back to fiat currencies.
Kiyosaki and Moss also discuss the impact of geopolitical tensions and the degradation of trust in traditional financial systems on the adoption and value of Bitcoin. The conversation concludes with an emphasis on education and critical thinking about financial decisions, urging listeners to explore cryptocurrencies and consider them as part of their investment portfolios.
Key Takeaways:
– Bitcoin’s Value: Historical data suggests significant increases in Bitcoin’s value post-halving events. The concept of scarcity plays a crucial role in its valuation.
– Technological Edge: Bitcoin’s infrastructure allows for a decentralized nature which is not replicable with newer cryptocurrencies, maintaining its dominance.
– Economic Impact: With global shifts and digital transformation, Bitcoin could offer a new paradigm for secure and decentralized transactions, resisting censorship and regulation.
00:00 Introduction
02:33 Understanding Bitcoin’s Supply, Demand, and Decentralization
06:00 The Challenge of Competing with Bitcoin’s Network
11:50 Investment Strategies and the Philosophy of Accumulating Assets
14:49 Promoting Financial Stability and Wealth Protection
18:23 Exploring Bitcoin’s Future Value
19:23 Bitcoin vs. Traditional Store of Value Assets
20:56 The Revolutionary Nature of Bitcoin
23:33 Accessibility of Bitcoin: Satoshis for Everyone
25:54 Leveraging Bitcoin for Tax-Free Retirement
29:42 The Global Shift Towards Bitcoin Amidst Financial Instability
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Facebook: @RobertKiyosaki
Instagram: @TheRealKiyosaki
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
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Russia broke the law invade Ukraine
Bitcoin is yesterdays news. XRP is the future. XRP has a use case where Btc does not.
How do I find the calculator Mike was talking about. I don't see it
Crypto is a stupid ponzi scheme! Wake up people!
Very interesting , thanks a lot 🙏
Can anyone please tell me who's experts on Bitcoin —- what would be 1000 dollars worth after 5 years by investing in Bitcoin…. I want to know badly I am just new to the crypto currency world
pump dump casino game created by the NSA National Security Agency a NGO Non-Government Organization to create liquidity to try and stay alive the system is broken actually they lost access to the ALPHA/OMEGA quantum financial system they are lost…..
If Robert created a rich dad, poor dad coin, purchased bitcoin, and borrowed off that bitcoin to buy real estate in Hawaii I would consider buying it. Full disclosure, of course where the money was going and what the fees were for the Rich Dad, Poor Dad Coin
Dec 2024 it reached $110k USD. That’s basically a double in 8 months.
Asking what the price of bitcoin will be in one year is very shortsighted. It defeats the whole point. Bitcoin is a buy the asset and hold it forever. Just like your real estate property in Hawaii. How much is your property going to be next year in Hawaii? Will you sell that property, or is your property in Hawaii generational wealth, which will be passed on for generations? No you buy in forever you don’t care about the price you care about the land itself. You don’t care about what the price of bitcoin will be going to $12 million or $50 million or infinity how many Satoshi do you hold. Predicting what the price will be next week next year five years 10 years defeats the whole point I don’t get that question?
I still want to figure out how to cash the loaned bitcoin. If I send it to an exchange and swap it for usd , it will be taxed
I dont this the download Mark refers to exists!
Thank you Robert and Mark always nice to hear your views
Run don't walk It doesn't matter the reason but they are banding crypto yes Bitcoin around the world. Bitcoin mining was so hard on the grid that they have outlawed it. In many places The writing is on the wall and it is not good for digital currency. Bitcoin was already Hacked. Look up NETFLIX…Biggest Heist EVER 4.5 million .this was before the super computer was made this Computer is coming out this year don't believe you are safe. And all digital currency.
If it is took away add the computer it is gone forever. In the simple fact that isn't the biggest problem countries are bandit outlawed in over 43 countries it was banned in 2023 only 22 now over 43 . Be safe be smart not greedy .
I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.
XRP is the real trade btc is a shame.. buy xrp hbar silver and gold
Do you have to have a crypto wallet to buy and sell, or is it ok to use a sites wallet?
Oh so it’s hamburgers and telephones…it is a miracle, oh and now it’s like a twitter app…it truly is a miracle, buy today, don’t delay!
Thanks for sharing your insights! Bitcoin recently hit new highs, currently around $100,000, and above, signaling strong upward momentum that could mean exciting opportunities for investors. This growth phase shows Bitcoin’s resilience and potential for further gains. Growing a portfolio from 8.2 BTC to 36.4 BTC amid these market dynamics is impressive. At the forefront of this evolution is Evan’s Dent, whose expertise in crypto and traditional trading has proven invaluable for navigating today’s market.
Why is it being cut in half, who is releasing it, and who controls and determines that?
He said bitcoin is more scarce than gold but you can hold gold in your hands you can't hold bitcoin its just electronic nothing more…
If I have bitcoin and want to borrow against it, how is that done??
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Evan Dennis is my trade analyst, he has guided me
As a newbie about to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know – Ask questions and it's best you work with a financial advisor Like Evan Dennis
I am a bit late to this party but 1st .. what i see is fiat beats bitcoin because fiat can be minted out of thin air to buy the majority of it . 2nd i can then create an etf and promisebto sell paper contracts which are only promises that can manipulate the actual price down as etfs have historically done with silver and gold. Niw bitcoin can be controlled and suppressed just the same. Its so simple i am holding silver and gold until the digital paper fake fiat collapses under it's own weight 😂❤
Appreciate it for posting! Hoping for some advice: My Crypto Wallet has some USDT TRX20, and I have the SEED:
cleanpartysocceradvanceauditcleanevilfinish -tonightinvolvewhip-action-. Could you suggest how to proceed with sending them to Bitget?I started investing when I was 37, mostly through sweat equity. I just turned 42 and this last month was the first time that my passive income broke $100,000 for the month. This is solid advice! DO IT!
You don't have to get rich quick, you just have to get rich no matter what.👍🏻
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