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Robert Kiyosaki Reveals Why He Trusts Bitcoin With His Wealth
Robert Kiyosaki supports bitcoin for its strong network effect and practical utility, viewing weaker cryptocurrencies and fiat as doomed to extinction under the relentless power of economic laws. Robert Kiyosaki's Electronic Money Filter: Why Bitcoin Survives His Currency Law Test Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, once again shared the reasons behind investing in bitcoin while clearly explaining why most other cryptocurrencies do not attract his interest. His book remains a global best-seller, translated into dozens of languages, and continues to shape the financial mindset of readers around the world. Kiyosaki shared on the social media platform X on May 24: I invest in Bitcoin because [it] is a network. Most cryptocurrencies are not... I do not invest in junk coins that lack a network, as they violate Metcalfe's Law. For the famous author, bitcoin stands out because it follows what he calls the "law of money," particularly referring to Metcalfe's Law and Gresham's Law. Metcalfe's Law states that the value of a network increases with the number of users. Kiyosaki believes that the power of bitcoin lies in its massive decentralized network—unlike most other cryptocurrencies, which he argues lack meaningful acceptance and utility. He compares successful networks like Fedex and McDonald's with bitcoin, noting that their value comes from being a part of a system, rather than individual efforts. Other cryptocurrencies, which he often refers to as "junk money," do not meet this standard and are therefore not worth investing in. He also referred to Gresham's Law, which states that bad money drives out good money. Kiyosaki applies this to fiat currencies, particularly the US dollar, which he claims is "fake money." He emphasizes this in his post by stating: I do not save US dollars because US dollars violate Gresham's Law. Kiyosaki has long warned about the dangers of fiat currency, government spending, and the potential collapse of the US economy. His solution remains consistent: invest in assets with real value. For him, that means accumulating gold, silver, and bitcoin—because, as he says, they follow the laws that lead to wealth, not poverty.