Oh, gather ’round, dear readers, for the tale of Robert Kiyosaki, the wizard of wealth, who has spun a yarn about Bitcoin (BTC), gold, and silver playing a game of hide-and-seek with the US dollar! šŖāØ
Now, this clever chap has pointed out two rather curious economic principles that give Bitcoin its magical powers over the dollar: Greshamās and Metcalfeās. Sounds fancy, doesnāt it? But wait, thereās more! Heās also predicting a stock market crash in February 2025, which he claims will send Bitcoinās value soaring like a kite on a windy day! šš
Robert Kiyosaki: The Laws of Money Magic
First up, we have Greshamās Law, which states that āwhen bad money enters a system, good money goes into hiding.ā Itās like when the school bully shows up, and all the nice kids scurry away! Kiyosaki insists this has been happening for ages with shiny metals like gold and silver, which he calls the āgood monies.ā Meanwhile, the āfakeā US dollars are strutting around like they own the place! š°š
But lo and behold! Bitcoin has joined the ranks of gold and silver as a modern-day āgood money.ā Kiyosaki boldly declared,
āToday, Gold, silver, and Bitcoin are forcing the fake US dollar into hiding,ā
as if they were playing a game of hide-and-seek! š„³
Now, letās not forget about Metcalfeās Law, which suggests that a networkās value is proportional to the square of its number of users. Itās like saying the more friends you have, the cooler you are! Kiyosaki likens this to franchises like McDonaldās, where the more burgers they sell, the more powerful they become. ššŖ
He cheekily noted,
āNetwork Marketing, which I endorse, has more power than small business entrepreneurs for the same reason,ā
as if heās the king of the marketing jungle! š¦
And letās not forget his own success with global distribution networks for his books and products, which he uses as a shining example of Metcalfeās Law in action. Talk about a clever chap! šš
Kiyosakiās Crystal Ball: A Stock Market Crash?
Now, hold onto your hats, because Kiyosaki has dusted off an old prediction from his 2013 book, Rich Dadās Prophecy. He warned of the ābiggest stock market crash in history,ā and now heās got a date!
āThat crash will be in February 2025,ā
he proclaimed, as if heās reading tea leaves! āļøš®
But fear not! Kiyosaki believes this crash will send people flocking to cryptocurrency like moths to a flame. Heās convinced that billions of dollars will flow into Bitcoin, gold, and silver from the stock and bond markets. If that happens, Bitcoin might just take off like a rocket! ššø
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2025-01-27 09:07