Kiyosaki Predicts Bitcoin Will Surpass Gold in Value Due to Fixed Supply
Robert Kiyosaki, a well-known investor, has made a prediction about the future value of Bitcoin compared to gold. In his opinion, when all 21 million Bitcoins are mined, their market capitalization will surpass that of gold.
The main reason for this predicted shift is the fixed supply of Bitcoin, which sets it apart from traditional safe-haven assets like gold. While gold's market value can fluctuate due to continuous mining and increasing supply, Bitcoin's deflationary nature ensures a steady decrease in its total supply as more coins are mined.
Kiyosaki believes that growing US government debt will weaken the dollar, leading to large-scale money printing by the Federal Reserve. This situation will accelerate demand for tangible assets like precious metals and cryptocurrencies. Given this expectation, Kiyosaki has invested in both gold and Bitcoin, buying one coin when its price dropped to $67,000.
The investor's strategy is driven by his forecast of significant changes in the global financial system. He encourages investors not to be deterred by price pullbacks, as these represent opportunities for them to buy more at a lower price.