Rich Dad Poor Dad Author Robert Kiyosaki: Bitcoin Is the Perfect Asset

Liputan6.com, Jakarta – The author of Rich Dad Poor Dad, Robert Kiyosaki, via social media platform X again shared his opinion about Bitcoin. He also wrote quite striking statements regarding the dollar and the United States economy.

In response to a question from a number of people: “Are you a bitcoin bull?” Robert Kiyosaki wrote:

“Yes. Bitcoin is the perfect asset at the right time. I like Bitcoins. Wish I had bought more earlier,” wrote Robert Kiyosaki in X.

He also highlighted concerns regarding Bitcoin which is rumored to be vulnerable to fraud or Ponzi schemes.

However, he brushed aside those concerns, noting that “Bitcoin is no more a scam or Ponzi scheme than the US dollar, euro, yen, or any other ‘fake’ or fiat currency.”

It is known that Kiyosaki often criticized fiat currency, calling it “fake money.”

“Our leaders don't know how to control the growth of US government debt and the US bond market, as well as the overly inflated stock market,” Kiyosaki said.

“They have deceived the American people and the entire world,” he said.

When asked why he was optimistic about bitcoin, Kiyosaki replied: “Metcalf's Law. Metcalf's law is the law of the power of 'tissues'.

Bitcoin, like the US dollar, mobile phone networks, and network-signing businesses like Amyway, derive their core value from the strength of their network systems. That's why Metcalf's Law is important and why I'm bullish on Bitcoin and the US dollar. Bitcoin has a strong network.”

“Most of the 'new crypto coins' come from the Ethereum platform. How many will succeed and only time will tell Bitcoin? Most will die because they failed Metcalf's Law, failed to build a network. It will be like you are joining a cell phone network with only you alone,” he added.