Bitcoin Halving Explained and What it Means for Money – Robert Kiyosaki

Robert Kiyosaki and Robert Breedlove dive deep into the revolutionary world of Bitcoin, its underlying philosophy, and its potential to disrupt the traditional financial system. This episode, packed with insights and foresight, explores how Bitcoin could redefine the concept of money, challenge the current banking system, and offer a new path toward financial freedom.

This episode offers a comprehensive look into Bitcoin through the lens of financial education and empowerment. Kiyosaki and Breedlove provide a thought-provoking discussion on how Bitcoin stands as a beacon of financial innovation, challenging the status quo and offering a glimpse into a future where money is more equitable, secure, and in the hands of the people. Whether you’re a seasoned investor or new to the world of cryptocurrencies, this episode is a must-watch for anyone interested in the future of money and finance.

Remember, while the potential of Bitcoin is vast, it’s essential to approach investment with caution and thorough research. The financial landscape is ever-evolving, and staying informed is key to navigating it successfully.

00:00 Introduction
10:06 The Cantillon Effect and its implications on wealth distribution.
18:48 Breedlove’s homage to Bucky Fuller and the philosophical alignment with Bitcoin’s goals.
20:30 An explanation of Bitcoin mining, the halving process, and its economic implications.
30:54 How Bitcoin could make high-value investment accessible to everyone, including “Joe Schmo.”

Why Watch This Episode:
-Understanding Bitcoin and Its Impact on Finance: Kiyosaki and Breedlove explore the significance of Bitcoin in today’s economic landscape, discussing its potential to challenge and change the traditional banking system.
-The Philosophy Behind Bitcoin: Delve into the philosophical underpinnings of Bitcoin, including its design to provide a decentralized and secure form of currency.
-Insights into Financial Freedom: Discover how Bitcoin and cryptocurrencies could pave the way for greater financial freedom and equity, challenging conventional wealth distribution mechanisms.

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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.

It’s about 40,000 a coin how does Joe Schmo my my yard guy who’s making 15 an hour how does he afford a coin hello hello hello Robert kosaki the Rich Dad radio show the good news and bad news about money and um there’s a lot of good news and bad news out there

And as a friend to the Rich Dad family here’s Robert Breedlove and me being an old guy you I’ve got to go to the young guys is what’s going on with money these days so we’re going to talk about uh Robert breed Love’s favorite subject well one of his favorite subjects is

Money or crypto or the finance or Treasury and what’s going on in the whole money show it’s a big show so Robert welcome to the Rich Dad show again Robert thank you for having me it is wonderful to be back yeah good to have you and where are you located right

Now I’m in Miami Florida okay what what did you move there is there reason you’re there or you always been there uh just moving here and I’m setting up a new studio for the podcast so it’s a good International City good place to have guests and trying to do a lot more

Of these things in person yeah good for you good for you and then please give us your background because you you do have a what should we say a traditional background in the subject of money yeah somewhat traditional um I have a master’s degree in accounting and finance I was in public account

Initially uh after college uh focused mostly on entrepreneurial services so we’re figuring out how to save rich people money basically through tax optimization strategies and then I shifted out of public accounting and spent most of my career in a CFO capacity mostly in the technology sector so I’m a lifelong nerd

Always been an Avid Reader uh became really fascinated with the subject of money after reading the creature from Jackal Island when I was 20 years old which opened my eyes to the problems with Central Banking and uh discovered Bitcoin 2014 but didn’t really start to get it until 2017

2018 and since then I’ve been going down the Bitcoin rabbit hole and most recently hosting the what is money show trying to educate people on the nature of money so Robert’s gonna talk Robert G talk about his favorite subject which is Bitcoin I like Bitcoin too I just don’t

Have that many um I to go from zero to 60 and I forget his name but he’s a Max Kaiser he was screaming and yelling about it you know what the hell is this guy uh quacking about so hit 20 then it reached down to like zero or something

It’s gone and then Bitcoin came creeping back so when it hit 6,000 it had momentum behind of it as a technical tra it would say so I loaded up at 6,000 so I missed quite a bit of it but I’m still happy I I got about 70 bit 70 Bitcoin

Now but uh I i’ like to get more obviously MH so uh let’s talk about Bitcoin because for a younger generation we share similar concerns is that I read this book here when I was in my 20s 30s called the grunch of giants by AR Buckman

Fuller it’s an okay book it’s not great but he said basically what by Rich Dad was telling me he said the banks rip us off he basically said our wealth is stolen so Bucky Fuller our wealth is stolen VR money so we go and work real

Hard then we put our money into savings that’s why if you read Rich Dad Poor dead I said Savers were losers why would you save money when they’re printing it it made no sense to me you know what I mean and all that stuff that’s why Rich

Dad was formed so what what was your cognition given your your professional background in finance and money what interested you about Bitcoin what made you take the switch sure well I should first say that in my educational path you actually receive very little to know education on the nature of money

Itself uh most mainstream curriculum in universities is premise on Keynesian economics which as I know today is basically a pseudo science that exists to justify the government’s monopolization and printing of money um it’s it’s based on an inversion of Economics right in in economic reality you must produce before you consume but

In econom in Keynesian economics they say you can spur production by increasing consumption so that’s this whole idea of you can you know you can print money to put Roes over people’s heads or print money to feed people it is total nonsense so Kan Jin basically

Says we print money we give people money and the economy heals itself we fix problems by printing money and when you understand that the print this is the core of the whole matter and there’s a lot of a lot of Mystique put around this topic it’s one of these strange topics

Where people like to use big words and Advanced Financial jargon to try and uh obfuscate true nature of money but quite simply and I’ll try to explain this by way of analogy printing money is stealing right you’re just debasing Savers so you’re stealing purchasing power from Savers and you’re transferring that purchasing

Power to whoever can access the newly printed money first this is called there also inflation and Taxation that’s right all that goes on so essentially you could say it like this you’re either stealing by through purchasing power loss so people are paying for this in the form of price

Increases or even if prices go down when there’s money printed they’re going to have foregone price deflation prices should have gone down even further had there not been money printing so you’re either paying for it as price inflation or foregone price deflation but there’s no there’s no Equitable benefit

Whatsoever to the printing of money it is purely a transfer of purchasing power from Savers to those who can print money and so a good analogy here might be this whole thing here of true capitalism prices should be coming down yes not going up like when a farmer goes

Out there and prants cabbages you know if he produces a lot of cabbage the price of the Cabbage comes down not up of course so every time I see inflation and people going on oh they blame the capitalists it’s really not the capitalist no who the problem it’s the

Marxist it is yes yes it is the when you could actually so Central Banking which is is the currency counterfeiting cartel that prints all this money uh and uses the Insidious tax of inflation to confiscate people’s wealth this is actually measure number five in Marx’s 1848 Manifesto to the Communist party so

It’s no exaggeration to say that Central Banking is monetary communism or monetary socialism to be more General it’s an aggression against the private property of Savers so it’s an anti- capitalistic institution to the core now to try and demystify this a little bit so anyone that’s ever owned a stock

Right a public Equity or a stock certificate in a company that stock represents your share of that company’s Capital right so a company has certain plant equipment IP whatever the assets are on the balance sheet of that company Net to the liabilities you have the equity right that is what the equity

Certificate or the stock certificate represents is your share of that company’s Capital now no one in their right mind would ever want a quote unquote elastic stock certificate that some other shareholder could print new shares of and dilute you right that they could just arbitrarily increase their ownership in the business and

Simultaneously dilute your ownership interest in the company’s Capital stock that would be nonsense we would not tolerate that whatsoever yet in money you could think of money as like a stock certificate and the share of global Capital right it represents a fractional share of how much purchasing power you

Have so how much power you can go out to purchase the goods and capital available in the global Marketplace if one quote unquote shareholder can print themselves new shares of money to enrich themselves and debase you that is as asinine as having an elastic stock certificate that one shareholder class can print themselves

New shares and debase another so it’s it’s to your point about being it anti- capitalistic it’s nonsense right like to have capitalism you need ownership and strong private property rights printing money is a violation of private property rights that’s that’s like somebody coming and taking me part of your lot

Your lot away say exactly one one third of this acre is mine now that’s right and that’s that’s one of the reasons I don’t buy stocks because I’ve issued stocks I’m I’m a entrepreneur and we printed them all the time it was a it was completely debasement you know I mean we just

Printed more shares of stocks so we could sell more shares that’s leg we do it legally please hear me legally but I didn’t like it but even when you did that the the dilution on the cap table was prata which means every person that owned a percentage of that company was diluted

Proportionately right what I’m saying with the printing of money is that it’s not proportionate whatsoever there’s one group that’s expanding their ownership and they’re diluting another group so Central Bank shareholders expand their purchasing power at the expense of Savers or users of the currency correct it’s a totally rigged game so again

Again so that’s my rich dad said you know they they’re stealing our wealth VI our money same Bucky Fuller said they steal our wealth VI our money that’s right and there’s another thing called the cantillon effect that’s right that the closest the closer you are to those

Who print the money the Richer you get what is a cantillon effect it’s exactly what I just described actually so those who receive the newly printed money first or earliest benefit at the expense of those who receive it later or last so as money enters broader circulation

Prices start to increase right goods and capital get bid up so those that are buying it at low prices before that money ENT circulation and bids up prices are benefiting they’re increasing their Capital position at the expense of those that receive it later so this is a

Simple way of saying this money printing is one of the primary means by which the rich get richer and the poor get poorer if 99% of your balance sheet is assets well then those assets are being bid up and you’re benefiting from Price inflation to some extent if 99 or 100%

Of your balance sheet is cash or you’re living paycheck to paycheck or you live on fixed income you are being victimized in this scheme so it’s a regressive tax on the poor basically yeah so I just want to be clear Rich Dad pad came out I said the Savers were losing

The rich don’t work for money and your house is not an asset because all of it was designed to take your wealth from you and and that and that’s why I stay away from it so could you explain why you’re so enthusiastic about Bitcoin because because you younger than

Me you know things like the having and now that now that’s an ETF what does it mean to you yeah I mean you open this show talking about the good news on money and I would argue that there is no good news on money other than than

Bitcoin and you also mentioned that you don’t think you have enough Bitcoin and I would say welcome to the club there’s not a bitcoiner alive uh that doesn’t think they don’t have enough Bitcoin we all want more because it is basically the ultimate form of ownership or the

Ultimate form of money that has ever existed and then to your other point we have this idea in Bitcoin that everyone gets Bitcoin at the price they deserve so it’s very complicated it’s hard to understand you need to understand a little bit about a lot of things to

Really start to get your head around Bitcoin um and you know just take all this with a grain of salt and a dose of humility even those that have their head around Bitcoin still don’t fully understand it like once you start to understand how the technology works the implications are truly staggering and

Profound and Hard to Think Through um but so what is it I mean if private property is the power for an owner to control an asset independent of anyone else’s actions right that you can fully control an asset then Bitcoin is the strongest form of private property that human beings have ever

Had and and and and the reason I want to go into it is because I we’re talking before we came on with Jeff Booth he’s there’s a whole another dimension to bitcoin I never realized yes and the thing the thing I’m excited about this young guys like you who are already you

Know I’m I’m so old I even know what I don’t know what the web is but you guys but you guys grew up in it and from what I understand is young guys like you are gonna take Bitcoin to a whole another level and U I think that’s the old guys

Like me are saying the government’s going to come after you guys yeah and that’s what bitcoin’s designed for um this is money wrapped in military grade encryption designed to be unstoppable so there’s no conceivable way to stop it and to Jeff Booth’s point about Bitcoin being much bigger than

Money it’s true uh I think we’re going to rearchitecturing in the digital age it will be the end of digital monopolies and censorship by virtue of having an Unstoppable Communications protocol built on top of Bitcoin that’s one of the most exciting dimensions of it and according to Jeff

It gets more fair yes right now if you’re not close to the FED you’re not Janet yellen’s friend you’re out that’s right so we come back and it’s going way too fast but we’ll get into uh I’m gonna ask some questions that Jeff put in my head Jeff Booth

And then you can yay or nay them on all this stuff but um I’m understanding a whole other dimensions to quote unquote money via Bitcoin is just the start so we come back back to Robert breed love we talking more about why Bitcoin and and we make no recommendations we’re not

Saying you should buy it or not buy it I buy it but why you should at least entertain it you should study it I would argue what was that you should study Bitcoin yes yes that’s that’s what I’ve been doing and the more more I study it

The more actually confused I get but it’s a lot bigger than just Bitcoin yes so I’ll be right Back hi everyone I’m Kim kosaki co-host of the Rich Dad radio show and I want to thank today’s sponsor our friends at Gold Alliance you know we should all be concerned about high inflation Al looming recession the very troubled banking system and outof control spending in Washington and the fact is

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To his friends and family please visit freegold guide.com Robert or call now at 1 1800 473 4585 thank you it’s your turn ATT 10 Robert’s free virtual wealth building event claim your free access now at richdad free.com don’t wait access is limited go to richdad free.com that’s richdad

Free.com welcome back Robert kosaki good news and bad news about money and Bitcoin today and uh today one of my my favorite guests is Robert breed love like I said there’s there’s whole new generations of money there’s old guys like me I still my friend just asked me

How do I get on the web I said how would I know I it and then there’s a whole another generation born into it so the minds are different and the neural pathways are wired differently so Robert breed love is one of my favorite guys because he’s because he’s classically

Trained in you know accounting and finance and things like this but he’s also a Bitcoin Advocate and we’re talking about my friend Jeff Booth you know I call Jeff Booth the new Bucky Fuller because uh we my whole company my whole team of people are studying Jeff Booth this coming

Thursday because what Jeff Booth is saying about Bitcoin is what Bucky Fuller would say about it it’s why you should own it for humanitarian reasons and uh so I’ll I’ll ship you the um the Jeff Booth part about that where he’s talking about the humanitarian aspects of Bitcoin but meanwhile we

Don’t have enough time for that so uh what do you say why would you say Bitcoin oh what is having what explain that to me yeah sure so I guess I’d first like to give a little pay some hamage to Mr Bucky Fuller I think he has

A quote that says something like if you want to improve the world don’t Focus your energies on destroying the old but rather Focus your energies on creating the new something like that I’m paraphrasing but that is exactly what bitcoiners are doing like obviously we we you know some

Of us like through my podcast I try to shine light on Central Banking and the corruption of money but most of the energies in the Bitcoin Community are being devoted towards building an alternative system one that has fair and Equitable and unbreakable rules right

This is the key thing as we we as human beings have to engage with one another through game play right economics is a game right money is the points we are scoring basically we want those who satisfy consumer wants better faster cheaper to get rich right they should score more

Points what we don’t want is people that steal from one another to get rich because that incentivizes theft and coercion Etc so Bitcoin by virtue of being a money that’s really hard to steal and impossible to to inflate like tilts the the incentive landscape towards cooperation and away from

Coercion so this is why it’s a very massive ideal right it changes human behavior by changing the fundamental Bedrock of incentives your question about the having is important so Bitcoin is produced via a process called Mining and by way of a simple analogy you could think of this as like a lottery system

Where basically you plug in uh a piece of equipment an Asic Miner this is an application specific integrated circuit it’s a mining machine it does one thing and it mines Bitcoin it participates in This Global Lottery you put energy or electricity into that machine and it’s casting lottery tickets right we call

These hashes These are basically guesses trying to solve the uh Bitcoin mining puzzle which resolves itself every 10 minutes and the winner of that Global Lottery is awarded the newly issued Bitcoin every four years the Bitcoin algorithm cuts that new Supply that newly produced Bitcoin in half so every 10 minutes

Right now it’s six and a quarter Bitcoin are produced every 10 minutes in uh I think it’s about may this year it’s sort of a probabilistic date around May 2024 that amount of newly issued Bitcoin every 10 minutes will go down by 50% so to three and a quarter Bitcoin every 10 minutes

What this does is it cuts the natural selling pressure on bitcoin by half so Bitcoin miners are typically having to sell this Bitcoin that they are awarded to cover their operational and capital expenditures however when the newly issued Bitcoin is cut in half that selling pressure is reduced by half so

If you hold demand constant this is the magic of Bitcoin price number go up technology as we say every four years the natural selling pressure is reduced by half so if demand is constant this puts upward pressure on the price and we tend to see new all-time high Bitcoin

Prices roughly 500 days after the having so expect to see a new Bitcoin all-time high price roughly 500 days after May 20124 so Robert this is why I want to get into this with you a lot of people get into Bitcoin to make money when the having comes you know

Right now I think they’re about $40,000 per coin m not too many people have $40,000 lying around they can just buy one they have income let’s say it goes to 60,000 and and I and I think this is what happens to old guys like me versus young guys like you from what I

Understand from Jeff Booth that having actually makes Bitcoin more fair fair for everybody let me say that again so even the price of Bitcoin is going up according to people like Robert breed love and Jeff booth and all this stuff the younger generation the price of Bitcoin going up

Is more fair than the price of gold going up or real estate going up or stocks going up what do you say about that yeah I would first say I agree that it is obviously the Bitcoin price that draws in most people uh that’s how you hear about it typically right it’s oh

This thing’s all over the place the price is way up the price is way down so most people come in for the volatility right they come in to try and make money as you said however those that study Bitcoin tend to stick around because they want to remake the money they start

To see how problematic the current monetary Paradigm is and how Bitcoin fixes so many things financially ethically Etc that they stick around you become a Bitcoin Advocate or a Bitcoin proponent because not only is it allowing you to advance your own person personal interests by giving this very

Strong form of private property but it’s also letting you participate in this humanitarian movement which is creating an alternative to Central Banking which is the number one uh institution of theft and tyranny in the world today uh Jeff’s booth that each Bitcoin having makes Bitcoin more fair I think I

Don’t want to put words in his mouth but I think what he’s alluding to there is that people that hold Bitcoin some they tend to sell in Bull markets right that are way in the green will sell some of their stack for dollars during bull markets in each bull market we see

Bitcoin become more widely distributed so Bitcoin ownership becomes more widely distributed in Bull markets and then in bare markets people go back into an accumulation phase so I I think that’s probably what he’s getting at and that’s not the same with other Commodities because in other Commodities as price

Increases production increases but as I said earlier with Bitcoin it has a perfectly fixed Supply it can’t you cannot increase the production of Bitcoin it it’s it always adheres to this fixed diminishing Supply schedule that goes to zero in the year 2140 so so bitcoin’s the only asset in

History where price does not influence the supply issuance and that’s a key point so let me ask people this is this is the thing here it’s Jeff boo saying it makes the Bitcoin makes the world better yes I said Thursday I’m studying it and I think it’s important everybody

Study it because right now my perception is oh I’m going to make a lot of money because there scarcity you know what I mean yeah and there’s a whole another dimension to what Jeff’s talking about there’s a whole another level that younger entrepreneurs basically young entrepreneurs like you guys will become

The new Federal Bank you you’ll be building money on top of money making more money for the rest of of the world rather than a centralized control of the bank and I think that’s what he’s saying well I so my perception of this would be that Bitcoin is a technology that

Enables capitalism a more intensive form of capitalism so yes any again any market economy that has a central bank money is one half of every transaction if that money is stealing from you then at best your 50% so socialist right so we’ve we’ve never been anywhere near a free market

Anywhere Central Banking has existed but with Bitcoin one more time this Bitcoin betters the world that’s Jeff yes I’ve listened to this saying eight times now Robert because I couldn’t get it yeah I could how can the price going up make the world better I couldn’t get it it’s

Very simple actually and it’s Bitcoin is all about putting an end to the stealing right it’s a form of property that’s very hard to break again it cannot be inflated so Central Banking theft through money printing sort of goes away as people figure out hey I can store my

Purchasing power in Bitcoin and not get scammed by inflation anymore as more fig that out so that’s why it’s grunch of giants by Fuller 84 our wealth is stolen via money yes School te say go to school get a job work hard save money and put your money

Into the stock market yes that’s the scam that’s right that’s the scam and something I think you Robert can get behind as a longtime advocate of gold and detractor of State intervention everyone gets very excited about bitcoin price go up right obviously but the other side of the coin

Is state power go down so as bitcoin price goes up then coercion becomes less profitable right the State loses its grip it’s its ability to intervene in the Affairs of individuals correct corre so that I think is the humanitarian Dimension right there’s there’s obviously a self-interested capitalistic Dimension we want to preserve purchasing

Power off time we want to get across time we want to get rich Etc but the flip side of that is you want that for everyone right we want a Level Playing Field yes for all Market participants to play on so that we can focus our energies on solving consumer wants

Better faster and cheaper rather than fighting with one another other right fighting and stealing and lying and killing all of these things are anti-product activities and towards more cooperative and productive activities as a species and that’s why guys like you with your formalized training in accounting and finance and all that you

Can see the game from the inside the average person cannot yeah and so they go to school they get a job said well how do we end poverty well send them to school said well that’s the problem they go to school they learn nothing you know

Jeff and you guys the younger guys are saying as I’m I’m honored to be talking to both you and Jeff and a whole bunch of other guys they see Bitcoin for what it is it’s not about getting rich you know it’s about making money more fair for more people throughout the

World that’s right so and you mentioned equality right and this is a tricky word so equality of outcome doesn’t exist right humans are only equal in the grave basically obviously we don’t want that equality of opportunity also doesn’t exist we’re all born in different places different times different genes

Different skills different life paths Etc equality of opportunity would only exist in the Matrix right where we’re all test tube babies um acting like batteries the only equality that actually matters is equality in the eye of the law again this idea of a Level Playing Field Fair

Rules um you know this right any game you play that everyone plays by the rules if someone doesn’t play by the rules they’re a cheater right they become Outcast yet in the game of Economics we don’t have that we have social institutions that favor insiders and disfavor Outsiders specifically the

Central bank and so Bitcoin is the embodiment of that idea right all humans are actually equal in the eyes of Bitcoin it doesn’t matter your race Creed color it doesn’t matter it’s totally agnostic to human Affairs it just does what it does new block every 10 minutes Supply cap of 21

Million and it doesn’t care who uses it how they use it it’s just a fair Equitable economic system and that is very crucial for human beings this is my final question okay so today it’s about 40,000 a coin how does Joe Schmo like my yard guy

Who’s making 15 an hour how does he afford a coin Bitcoin is divisible into 100 million subunits called satoshis so you can buy one 100 millionth of a Bitcoin so even how to do that Robert well you can sign on with any number of Bitcoin exchanges um it’s also becoming you know

Now with the ETFs you can access it through your brokerage accounts um it’s just becoming more and more mainstream but typically depending where you live in the world you look up a Bitcoin exchange or if you have an existing brokerage account you could look at the Bitcoin ETF if you have uh

Any account that trades stocks you can buy something like micro strategy which is basically a proxy for Bitcoin at this point so there’s more and more ways to access it for investors and you don’t need to own a hold coin you can own a fraction so they don’t you don’t need

40,000 bucks that’s correct so uh what is a Satoshi I’m Japanese I don’t 100 millionth of a Bitcoin so every Bitcoin divided by 100 million every Bitcoin equals 100 million SATs or Satoshi and Satoshi is paying homage to the name of the inventor of Bitcoin who is Satoshi

Nakamoto who who do you think he is or was or I have no idea for real the best theory I’ve heard is that it was a CL collaboration between halin and Nick Zabo and sort of makes sense um some of the writings of Satoshi have been

Compared to Nick Zabo in said like it’s sort of like his writing style who’s Z who’s Zabo Nick Zabo is a cipher Punk and computer scientist um not mentioned in the white paper but a lot of the projects he worked on were sort of predecessors to bitcoin there were many

Many attempts at Anonymous digital cyber cash prior to bitcoin like 30 years of attempts before Satoshi put the right pieces together um I I really have no idea it’s pure speculation and the best thing Satoshi ever did for us was disappearing because he cemented The decentralization Narrative of Bitcoin so

Robert I enjoy talking to younger guys like you when you guys are uh give me a hope for the future as compared to our fed chairman and treasury secretary and all these characters who are my age all the Boomers man oh well we screwed it up

Big time but anyway thank you my friend let’s stay in touch thank you Robert thank you for having me the word thank you so we come back with final words from the rich dad radio show we’ll be right back thank you thank you Robert breed Love welcome back Robert kosaki this radio show good news and bad news about money many thanks to Robert breed loves he’s been a friend of the channel now for about four or five years and he’s my goto he’s one of my go-to guys with Jeff

Boo with a bunch of others markk moss on bitcoin because as an old guy I don’t know much about it one more thing is we are an educational company we do not make recommendations what you should buy or invest but for total disclosure I own several of 60 something not very many

Coins but I’m glad I bought them when I bought them and um I I I had no idea why I bought them I just bought them because everybody else was buying them but I think it’s best said that somebody once said it’s you can you can buy a Satoshi

Or a stash whatever they are they’re ETFs now I’m not recommending it but I’m saying that you might want to consider owning some of it some of it and the reason is because fiat currency which the US dollar is and the pound and the peso and the Yen and the Euro they’re

All in trouble right now our debt is too high so you may want to consider consider owning at least one Satoshi thanks very much thanks for watching the Rich Dad radio program make it a good World this podcast is a presentation of Rich Dad media Network