Bitcoin Price Prediction and the Future of Crypto – Robert Kiyosaki, Mark Moss

Bitcoin Price Prediction and the Future of Crypto – Robert Kiyosaki, Mark Moss

so so let me let me work backwards I
think in 50 years from now or less less
than 50 years Bitcoin is worth 43
million hello hello hello Robert kosaki
the richad radio show the good news and
bad news about money today we have a
longtime friend of Rich Dad Mark moss
and um one of the best things about my
job is I get to talk to smart people and
when it comes to crypto you know I’m as
people laugh guys my age have no idea
what crypto means and it’s it’s the
you know years and years ago I was
studing at Dr rbuck Mr Fuller and he
passed away in ‘ 86 I think and he said
there was a new kind of currency coming
on the market it was going to be called
was electronic money so this is long
time ago and the reason Bucky Fuller was
a futurist could predict it he saw kids
playing electronic board games so he
said this is and they didn’t call it
crypto but I just mentioned it and I
went okay and so it appeared as Bitcoin
and Dogecoin and all these other things
but there’s been an explosion of it so
Mark Moss is one of the young guys I go
to he’s one of the one of my go-to guys
other guy is R pal for gold and silver I
go to other people for Real Estate I go
to other people but Mark Moss is my
go-to guy when it comes to crypto and we
just went through the having and given
that I I’m the old guy or Mark keep it
simple what what does this all mean to
you and the future of Bitcoin per
se yeah you know I wanted to say
something real quick uh you mentioned
Buckminster folster I mean he he was an
amazing futurist and I love that but you
know Henry Ford the father of the
automobile and the and mass production
in
1921 he said that we should go into a
new monetary system that was based on
what he called Energy money where we’d
literally use units of energy to create
a money and that’s sort of what Bitcoin
has so Buckman was great Henry Ford 100
years ago for this energy money as as
well so uh we’re finally seeing that
that come together it’s pretty amazing
yeah W so what what do you see with
Bitcoin and the having and all this
stuff and uh the other thing that’s
happening is the um weaponization of the
dollar I mean we we attack Russia with
sanctions and China everybody’s pissed
off at us you have the the bricks BR r i
CS coming after us and the US dollars
under attack so yeah let’s let’s talk
about a couple of those those things so
the one thing about Bitcoin is so every
four years the new supply of Bitcoin
gets cut in half now uh you know for
your audience uh while the world of
Economics seems very complicated and it
can be prices just are really the
equilibrium of supply and demand so we
just look at the supply and we look at
the demand and uh the imbalance tells us
where that price should go and so um
assuming that the demand for Bitcoin
stays the same and you cut the new
Supply in half well that should
theoretically push the price up and
that’s exactly what’s happened so else
what else happened was that the ETF came
up so Wall Street got into the game
right yeah so that increased the demand
side so we increased the demand side for
on a on a on a much larger scale and now
we’re reducing the supply at the same
time which of course back to economics
101 should be pushing the price up but
just to kind of set everybody up to so
what they know what this having is is
that you know with the Federal Reserve
or any Central Bank for that matter we
have no idea what the supply of fiat
currency will be at any given time right
they just change it whenever they want
um but what Bitcoin did is Bitcoin came
out with a predictable Supply issuance
so we know that there will never be more
than 21 million and that will be in 2140
or 116 years from now but through that
process every four years the supply of
new bitco coin coming out gets cut in
half so we were just seeing uh about a
week ago about
6.25 Bitcoin um per block every 10
minutes or let’s just call it 900 per
day 900 per day were being released that
was the new inflation amount and that
just got reduced to 450 a day and so
this is the fourth time that’s happened
and officially now Robert you might like
this officially now Bitcoin is the
hardest money in the world gold is uh
gold has about an inflation rate of
about
1.5% on a stock to flow that’s the stock
the existing supply of gold and then the
new flow so an inflation rate of about
1.5% Bitcoin is now verifiably more
scarce than gold so that’s pretty
cool so for the old guys like me what
does that mean I mean do you just jump
in I mean there’s you know there’s also
doge coins there’s salana there’s
ethereum yeah I mean all these guys are
printing everybody’s in the game if your
generation is printing is more and more
of it so why why would I why would I
jump in if everybody’s making their own
I can make my own Bitcoin I mean a
friend of mine called me and said why
don’t you start the Rich Dad coin I said
because yeah I stay in my Lane I don’t
go into other people’s business what
that from happening there there’s a
couple reasons why I can tell you it’s
actually pretty simple uh first of all
why should you jump in well historically
supply and demand on the supply shock so
in the 202 2012 having the price of
Bitcoin from the day the having happened
to the high point went up 9,300 per. the
second having in 2016 it went from the
day of having to the high point was
2,900 per increase in price
2020 from the low point to the uh from
the having to the high point was 700%
increase and so historically uh getting
in around the hav has been very good for
uh capital appreciation now as to why
it shouldn’t be richdad coin or Dogecoin
or ethereum coin or whatever um one of
my favorite analysts ly Alden says that
to conflate bitcoin and crypto shows
that you don’t really understand either
so I can just give you a very simple
explanation for this um to your point
you can create rich deadcoin I could
also create a copy of Facebook called
marks book or I can create a copy of
Twitter called Mark Twitter but doesn’t
mean anybody will come use it so that’s
number one network effects are real and
specifically around monetary Network the
network effects are even more real
because what you store your wealth in
really matters right when the whole
world moved to the gold standard and
China wanted to stay on the silver
standard they lost their position in the
world because of that so while choosing
the right right or wrong social network
might not be as big of a deal the
monetary network is so that’s that’s
number one wait so that’s so for those
who may F what Mark’s saying Mark’s
talking about meta’s law it’s the power
of a network in other words a network is
if I have a telephone but I’m the only
guy with a telephone is not worth
anything but if I have 10 million people
on my in my net telephone Network my
network goes up so that’s metaps law I
understand that yeah so what gives
Bitcoin as power it has its Network
already established like like McDonald’s
or Colonel Sanders they have a network
of franchises that gives us this power
so just explain that that’s that’s what
I’m explaining yep that’s that’s exactly
right Robert so the the bigger the
network gets the more powerful it gets
and the network effects are very
very uh very powerful and so it’s very
very hard to create a copy of Facebook
or Instagram and then and then try to
outbeat them it it’s sort of what we
would call evolutionary biology so like
we’ve seen this happen all over the
world Robert like from where you’re from
Hawaii uh a new species get introduced
that isn’t native to that environment
and they can quickly grow to uh fill up
that new environment a rabbit or a snake
or something like that um and then once
that new species has been introduced and
filled up that demand in that en
enironment a new species can’t come take
it it’s already been taken and that’s
sort of like what Bitcoin has done and
and I’m going to give you a very simple
technological or technical explanation
of this so everybody can kind of
understand this why Bitcoin and not all
the other cryptocurrencies the real
Revolution here is to go from a
centralized system like the fed or
Central Bank or Facebook to a
decentralized system so instead of one
database that the FED controls or the
bank controls we have millions of
databases in order to stay really
decentral ized where we have millions of
databases everybody has to be able to
run one so the Bitcoin database is about
400 gigabytes it can fit on a thumb
drive a kid in Africa with a
seven-year-old laptop can download the
Bitcoin database and start running it
anyone in the world can run a Bitcoin
database which keeps it
decentralized Bitcoin won that race and
so every other cryptocurrency salana
ethereum they’re competing for something
else they’re not competing for a
decentralized currency they can’t be
more decentralized so they’re competing
for something else the reason why is
because their databases are so big so
like ethereum for example I can’t run an
ethereum database I can only run a
portion of it and only if I have a
professional server in a professional
cllocation facility like an Amazon cloud
service and so nobody or very few people
can run that database which makes it
very centralized so all of those aren’t
competing against Bitcoin they’re
competing against something else and we
don’t know what that is right now but we
know Bitcoin is competing not as a new
technology Robert it’s competing for
Value
itself right so if we use it to store
our value what other things do we use to
store our value well we use gold we use
real estate we use bonds we use offshore
bank accounts and so it’s competing
against those things again to go back to
my question there’s so many new coins
coming out and this friend of M he’s a
real goofball you know he’s always
chasing this new
you know network marketing this then it
was this you on to that and so what
would happen if I tried to start my own
Rich deadcoin why would I do that I mean
Well you certainly could and so people
do so there’s 50,000 other coins that
people have started up but again how you
get people to go use that that’s number
one so that’s very difficult like I
create a Twitter account who’s going to
come follow my new Mark’s Twitter um app
um so number one how do you get people
to do that but number two you can’t get
the decentralized nature so um Bitcoin
was sort of created in this uh anomaly
we call it like this Immaculate
Conception it was created at a point in
time 15 years ago when nobody knew what
was going on nobody paid attention to it
and what happened is because of this
decentralized nature it allowed it to
grow these databases grew across the
world millions of databases and nodes
and and by the time people figured out
what was going on the databases and the
mining power was so big that you can’t
attack it anymore it was like it was
allowed to grow in the wild and by the
time people realized what it was it was
too big to kill but the problem is if
you want to if you want to start
something today that was as
decentralized as Bitcoin you’d have a
problem one you would have to obviously
tell people about it so they’d come and
start using the network but the problem
is as soon as you tell people about it
they want to attack it and they what
they want to do is they want to attack
the network and steal coins off of it
and this has happened many times every
time somebody’s tried to do something
similar to bitcoin the world attacks it
steals money from it and then destroys
it and so it’s sort of like this what
Peter theel called a zero to one moment
we created the wheel you don’t create a
better version of the wheel the wheel is
a wheel and so it’s theoretically
impossible to duplicate what Bitcoin has
done theoretically theoretically okay
yeah well that’s that’s a good
explanation
so what do you recommend people do like
for me because I don’t really understand
I’m a really I’m a dinosaur when it
comes to Tech technology yeah all I do
is I buy whole coins yep so I I started
buying whole Bitcoin at 3,000 got to
6,000 and I just chased it up to 7
70,000 yeah and um said well that’s
really stupid I said I know
but I have like 60 coins yeah it’s not a
lot it’s not not like somebody bought it
at five cents right does that make sense
to you so my yeah so wait my investment
thing is just get as many coins as I can
and hang on for the ride CU I don’t I’m
not going to create my own coin but what
what do you think about that Strat it’s
like gold I don’t care what the price of
gold is I just want to know how many
ounces you have right that’s my
philosophy and Robert that’s the perfect
philosophy and of course I’m a student
of yours and so uh I I kind of have have
repeated that and I teach the same thing
and so not that wealth is our highest
purpose on this Earth but in the game of
acquiring weal wealth the goal is to get
assets and the goal is to continue to
acquire those assets not sell assets for
Fiat but use Fiat to get assets and so
what we do is we’re really we’re saving
instead of what I’ve done Robert is
instead of thinking of as investing I
think of as savings I earn my money
through my businesses through my and
then I put that money I save it in real
estate and I save it in Bitcoin and I
save it in gold and so the goal is to
always allow it to grow up and yes I
bought the $70,000 top I’m going to buy
the million doll top top I’m going to
buy the $2 million top and I’m going to
keep buying it all the way up okay um
well that’s that that’s we come back
we’re going to go into our next
questions I hear so many people Bitcoin
buy it now it’ll be a million dollars
this year you know it’ll be $10 million
in five years and all that sucks in all
the losers the game of Real Estate
everybody just real estate always goes
up in price until it didn’t yeah and uh
if something’s going to stop it will
stop
so that’s that’s what I’m I’m watching
I’ve seen these Manas and these Madness
and people chasing things so when we
come back I’m going to ask you what do
you think is possible for the price of
Bitcoin in one year not but it’s the
price and like I said earlier I count
the number of coins I have not the price
of the coin I have because I want as
many as I can get because I’m optimistic
I’m a big fat Bull on bitcoin I think
the price will keep going up but I’ve
been wrong before so we come back we be
talking to Mark Moss a friend I’ve R had
for years but he’s my go-to guy you and
R pal of what how Bitcoin and how the
game is played because it’s a very big
game we be right
[Music]
back have you heard about the expanding
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8443 Robert hi everyone I’m Kim kosaki
thank you for being with us today as CEO
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goals welcome back Robert K Rich radio
show where we’re broadcasting from
Phoenix Arizona it’s either heaven or
hell and it’s just about to turn to hell
because it’s getting so hot but anyway
it’s a great place to live Our Guest
today is a friend of the rich dead
company is Mark Moss we’re talking about
Bitcoin this old guy young guy old bull
young bull is at old saying go if you’re
you’re old enough to know that story but
uh we’re talking about Bitcoin where it
can go what’s expected so I got I’m
going to have two questions for you on
this segment number
one today bitcoin’s about let’s say
$70,000 60 or 70 what is your
guesstimate and as a guesstimate and I’m
not recommending anybody buy Bitcoin
this is an educational show only what is
your guesstimate for
2024 yeah Robert um you know uh obvious
obviously you’re the the uh the master
here um trying to guess short-term price
is always very difficult I think the
longer you look out the easier it is to
easier is to get probably a little bit
more accurate so the next six months is
pretty unclear the next two years seems
a lot more clear five years even more
clear Etc um I would say that Mark that
was well said because the way it was
designed is only 21 million right so you
said Supply demand or scarcity is
increasing right so that’s why clearer
the farther out it goes versus the US
dollar if we can print 10 million today
they’ll print 20 million tomorrow you
know so that’s the problem with
cash so let me let me work backwards I
think in 50 years from now or less less
than 50 years Bitcoin is worth 43
million per coin per coin and what how
you how do you comp compute that yep
let’s get to that so so um the way that
you would look at say a Silicon Valley
in if I was pitching you on Uber you
know 15 20 years ago in Silicon Valley
I’d say hey Robert I have this way to
call a ride from your phone you’re like
I like a taxi I’m like yeah like a taxi
but it’s better it’s more convenient
it’s Uber um you’re like okay Mark how
much is it worth I say 100 million
you’re like what where didd you get 100
million well Robert the taxi industry is
this big the limo industry is this big
the van share is this big if I get five
or 10 Perc of those I get to 100 million
so that’s sort of the way that you look
at the the markets it’s disrupting so
Bitcoin is going to be a lot of things
more than what we know but what we do
know today it’s competing as a store of
value so it’s competing against value
itself so what are the store of value
assets gold we have about 14 trillion
Goldman Sachs JP Morgan they put out
guidance that it will overtake gold at
some point that’s about 14 trillion we
know that also rich people store their
wealth in cars fine arts
collectibles things like that and that’s
about 25 trillion right there we know
that people store their wealth not in
dollars but in the stock market 12
trillion there we know that people store
their wealth their value in real estate
there’s about 350 trillion there we know
that people store their wealth in bonds
there’s 300 trillion there we know
people store their wealth some of them
in Fiat about 120 trillion there and we
know people store them in offshore bank
accounts there’s about 30 to 40 trillion
there if we add that up we get to about
$900 trillion
right if I could one of the things that
I’ve had to adjust to is thinking in
dollars versus Bitcoin I me that that
took a long time because they just print
more
dollars right I mean where our debt to
GDP ratio now is 135 they’re printing a
trillion dollars every 90 days it’s
insane it’s nuts so I mean you know how
do you measure dollars and cents and all
this stuff that’s that’s why that’s why
I’m in Bitcoin because it’s 21 million
that’s it and and to to really put this
home Robert for your list listeners if
if if I were to buy a stock let’s say I
invested into your business and I bought
let’s Call it Whatever 10% I own 10% of
your company as you continue to raise
money A lot of times I get diluted so I
don’t own 10% anymore I own 5% 1% um if
you think about it right nobody wants
money we want the wealth the goods and
services and so really it’s all the
money in the world divided by all the
good goods and services of the world but
if I own let’s say 1% of the US dollar
Ledger I own 1% of the dollars and
circulation I own 1% of the wealth but
as they print more dollars I get diluted
I own less and less as The Ledger but
Bitcoin changes that because let’s say
that I could own 1% of the Bitcoin
Ledger then the Bitcoin divided by the
Assets in the world I never get diluted
as the assets of the world grow I
continue to always own 1% so it’s pretty
revolutionary that way but what back and
what I say is as Bitcoin goes up up in
purchasing power as a dollar comes down
that’s how I see the whole thing I’m
going so yeah in Rich Dad Port I said
Savers were losers but Sor says what do
you call somebody who saves Fiat or US
dollars he says poor poor people are
saving Fiat they don’t understand
Bitcoin or crypto yet you know so I
think I think uh what I think is it’s
$900 trillion I think that Bitcoin can
easily capture 10% of that market Market
in the next five or six years that
brings it to about a $200 trillion
valuation that would be $10 million per
Bitcoin but what happens is money is
evolutionary so it starts as like oh
look at this cool rock or feather it’s a
collectible as it it could eventually
evolve to become a store value Fine Art
cars Etc if it has the right money
attributes portable divisible durable
Etc it could go to a medium of exchange
and then the final stage would be a unit
of account and I believe that in less
than 50 years Bitcoin will be what we
call the unit of account instead of
measuring things in dollars that are
changing all the time or Euros or Yen or
youan I think Bitcoin will become the
unit of account so then we take the 900
trillion divided by the 21 million gives
us $43 million per Bitcoin that’s a big
call it’s a bold call so this is the fin
could go on for hours hours hours I’m on
my YouTube listening to all guys like
you everybody calling Productions but a
satosi okay you have a Bitcoin and if a
Satoshi this is my real question when I
talk to people about getting your money
out of cash I say silver today is about
30 bucks let’s say an ounce and I think
almost everybody in the world if you’re
over 20 can afford 30 bucks right but
when you say Bitcoins like’s say
70,000 that takes out of leag but how
many Satoshi per Bitcoin and am I
correct in saying this I think every
just like everybody can a afford an
ounce of silver everybody can afford a
Satoshi or am my off base there no
you’re exactly right so the easy way to
think of this is a dollar one1 US dollar
is divided by 100 cents right a dollar
100 cents a penny is the smallest unit
of account that we have in the US dollar
system um the Bitcoin is divided by 100
million SATs so instead of cents they’re
SATs
or 100 million wow so right now uh one
sat which is short for Satoshi is worth
a fraction of a penny when Bitcoin gets
to $1 million per Bitcoin one sat will
be worth one US
penny wow and so right now yes you can
buy a penny worth of bitcoin you can buy
10 cents worth of bitcoin just like you
don’t have to buy a 400 ounce bar of
gold you can buy an ounce of gold you
can buy a gram of gold you can buy a
fraction of a gram of gold and so you
can buy 5 cents or 10 cents or $10 worth
of bitcoin which is actually really
reevolu uary Robert because For the
first time in history no matter where
you live in the world you have the
ability to buy
property you can buy actual property for
$2 or $5 which is pretty revolutionary
so at $1 million per Bitcoin it will be
one penny per Satoshi and that’ll be the
smallest unit account now um that would
put Bitcoin at $21 trillion which is
about double what gold is today and at
that rate there would be enough Bitcoin
in the world for everybody
it’s just it’s just mind-blowing it’s
just mind-blowing so I I don’t make
recommendations as you know because it’s
not it’s dangerous and we just an
information company but when I talk to
people said I can’t afford
$70,000 so am I accurate Mark by saying
you can afford one
Satoshi that’s right you can add it’s a
fraction of a penny so yes you can buy a
penny worth or $10 worth yes you’re
you’re 100% right I’d love to just break
one other thing down for you Robert I
have a I have a new little ebook that I
put together and I I want to send it
over to you to review it I haven’t got a
chance to send it to you yet but um it’s
basically your teachings that I’ve taken
and applied to bitcoin and so you R you
kind of called me out a couple times
from stage oh Mark trying to move to uh
Porto Rico doesn’t know that rich people
don’t pay taxes uh and so Robert I’ve
taken your teaching and and figur out a
way to apply it to bitcoin right because
the way to grow your wealth is to buy
assets accumulate assets and never sell
them and then use debt against those
assets and so I’ve come up with a way
that and I put a calculator together
it’s a little Google sheet calculator to
show people how they could retire off of
Bitcoin taxfree by leveraging debt
against the asset and um you can I put a
calculator together you can put in how
much Bitcoin you have if you let it go
for five years um you can see how much
you can pull against it and for example
in this in the the numbers I put in the
calculator if you put a $100,000 into
Bitcoin today in
24 and you waited five years you could
borrow about 10% per year and pull out
$100,000 of tax-free cash flow every
year and you could live off that debt at
the end of like a 20-year run you have
about $2.5 Million worth of debt because
you’ve pulled that out to live off of it
but you’re sitting on about $50 million
worth of bitcoin and so this way you
don’t have to sell the Bitcoin the
problem is obviously as you know but
just for your listeners if I sell the
Bitcoin I have to pay the tax could be
as much as 50% and then I have no more
Bitcoin for the capital appreciation if
I keep the Bitcoin leverage it with debt
not only one is that taxfree income so I
don’t pay the tax which we don’t want to
be paying taxes right now specifically
with the wars uh but more importantly I
keep the Bitcoin for the capital
appreciation that’s going to happen I
have a calculator put together I’d love
to give it to your listeners if if they
want so how do how do we do that yeah
you can just go to go. onmark moss.com
go. onmark moss.com
uh retired D Bitcoin I’ll I’ll give it
to you guys you can put it in the show
notes okay go. onmark moss.com
retire Bitcoin and it’s a whole guide
that shows you how to leverage it
there’s a calculator everything U but
Robert and I want to send it to you as
well but um I think it’s it’s this is
the way to do it we use Fiat to acquire
assets then we leverage those assets
with debt uh so we don’t pay the taxes
on them um and especially when this
asset is potentially on its way to 43
million like I think it can be in less
than 50 years that’s per coin that’s per
coin that’s your estimate and by the way
I say it again we don’t make
recommendations for an education company
it wants you to think about what we’re
saying here because
um it just makes no sense to save
dollars I mean enr dadp at 27 years old
now said Savers were losers I’ll repeat
Michael sailor’s thing because he’s what
micro strategies or something yeah he’s
he’s one of the biggest holders of
Bitcoin he says what do you call
somebody who saves Fiat dollars or fake
dollars poor and unfortunately Mark
that’s what’s happening as you know the
poorest people are working hard for
dollars and they’re saving dollars
they’re screwed they’re screwed and
every 90 days or a 100 days they’re
printing a trillion dollars in fake
dollars we’re bankrupt and they’re still
saying
dollars or Yen or peso or Euro it makes
no sense to me you know any any final
words to those characters who are still
fake money yeah I know we need to wrap
this episode some final words you
mentioned uh sanctioning Russia so just
this week or just this couple days ago
we saw that they decided to go ahead and
steal Russia’s money and give it to
Ukraine and what that really signifies
is a breakdown of rule of law right and
when when the rule of law is broken down
then then there’s no fair game nobody
can trust the system and so the whole
world is looking for an alternative that
that that can’t have their money stolen
from them the IMF international monetary
fund just put out a paper a couple of
days ago and in this PE paper um it was
called a primer on bitcoin cross border
flows and basically what they saw per
the IMF is that people in these
countries that can’t trust their money
are moving towards Bitcoin at a very
rapid rate and so as the US which is
supposed to be the you know the beacon
of law uh for the world when the rule of
law is broken down when bank accounts
are being seized um people are going to
need to find a neutral Reserve asset and
Bitcoin is the only neutral Reserve
asset that we have that can be used in
the information age today well well
think about this we talk about the rule
of law I mean our president
Trump he’s being indicted he can’t go
see his son’s graduation and they’re
using the rule of law against a rich man
and that’s this and not I won’t mention
names but what has happened to our
country where they use our court system
but they can’t find Hunter the FBI
cannot find Hunter Biden’s laptop oh my
God I mean I I I just Mark it’s is more
than International this is right on our
backyard and then Biden opens up the
floodgates to South to to um took down
Trump’s wall people are pouring across
fent is now pouring across the border
homelessness goes up and they attack
Trump when you look at that we don’t
have to look at Russia or China we have
problem with our own country here and
yeah and and it’s up to the
entrepreneurs it’s up to the capitalist
to change the system right we’re the
ones that create the solutions to the
problems we’re the ones that drive the
world not the cap not the Socialists not
the politicians they’re the leeches that
leech off of the productive people so
it’s up to you and I we need to take
care of oursel we need to save our money
build our Capital we need to continue to
innovate we need to continue to build
and we will change the world right and
that’s why we teach you know because our
our our educational system has gone
Marxist It’s just sad what’s happened so
uh anyway thank you my friend keep
teaching keep keep putting the work out
there and then one more thing is what we
say here is just speculation right now
we don’t give advice you want advice
talk to a financial planner and they’ll
tell you to BU by S&P
500s anyway there’s lots of free advice
out there mark thank you very
much thanks Robert always a pleasure
seeing you and thank you we’ll be right
back for the final word thank
[Music]
you welcome back I want to thank Mark
Moss again you know he’s the guy I go to
here in r pel that people I go to when I
want want to understand you know uh
Bitcoin or crypto whatever it is and I
also got guys like Jim recers for gold
and silver and I have other people for
different experts on their fields the
most important thing is we all we only
educate we don’t make recommendations on
what you should buy but the point here
that Mark is making is that I was at
Macy’s the other night and I showed this
woman in my little coinbase account it
started with nothing a number of years
ago and now it’s got like 2.4 but 2.8
million in it and it just keeps going up
and she goes oh my God what if I lost
money I can’t do that I said ma’am you
already lost money because the way it
works is the US dollar is coming down
because they print more and more of it
and things like Bitcoin goes up in value
so those who are saving money exactly as
Michael sailor says those who save
dollars what do you call them poor and
there’s millions and millions of poor
people today because they’re still
hanging on to their fake or fiat
currency again we don’t make
recommendations and all this you can go
to coinbase there lot of lots of other
exchanges we don’t make recommendations
but you can buy one sat or Whatever It
Is by you know buy $500 worth you’re in
the game I would suggest just get in the
game don’t put any more than you can’t
afford to lose you can’t sleep but
you’ve got to get in the game because
they’re printing uh a trillion dollars
every 90 days that means a purchasing
part of the dollar is coming down while
Bitcoin and those cryptos are going up
so don’t be a loser don’t be what
Michael celor says a poor person and the
world is full of poor people right now
who are saving fake money like the peso
the Yen the
Euro um
dollars and then they’re still hanging
on to Old ideas so I thank again Mark
Moss I thank you all listening to Rich
Dad and please open your mind up don’t
take my word for it please do your own
research thank you very
[Music]
much this podcast is a presentation of
Rich Dad media Network

In this episode of the Rich Dad Radio Show, Robert Kiyosaki is joined by Mark Moss, a leading authority on cryptocurrencies, to discuss the future of Bitcoin and its potential impact on the global economy. Kiyosaki reflects on the predictions made by futurists like Dr. R. Buckminster Fuller and Henry Ford about the emergence of electronic and energy money, which are realized today through cryptocurrencies like Bitcoin.

Moss explains the concepts of Bitcoin halving, its scarcity compared to gold, and the reasons behind Bitcoin’s increasing value over time. Drawing on comparisons with traditional assets and the concept of supply and demand, Moss predicts an exponential growth in Bitcoin’s value, suggesting it could reach $43 million per Bitcoin in less than 50 years by becoming a global unit of account. The episode also covers the strategic approach to investing in Bitcoin, highlighting the importance of acquiring and holding onto assets rather than converting them back to fiat currencies.

Kiyosaki and Moss also discuss the impact of geopolitical tensions and the degradation of trust in traditional financial systems on the adoption and value of Bitcoin. The conversation concludes with an emphasis on education and critical thinking about financial decisions, urging listeners to explore cryptocurrencies and consider them as part of their investment portfolios.

Key Takeaways:
– Bitcoin’s Value: Historical data suggests significant increases in Bitcoin’s value post-halving events. The concept of scarcity plays a crucial role in its valuation.
– Technological Edge: Bitcoin’s infrastructure allows for a decentralized nature which is not replicable with newer cryptocurrencies, maintaining its dominance.
– Economic Impact: With global shifts and digital transformation, Bitcoin could offer a new paradigm for secure and decentralized transactions, resisting censorship and regulation.

00:00 Introduction
02:33 Understanding Bitcoin’s Supply, Demand, and Decentralization
06:00 The Challenge of Competing with Bitcoin’s Network
11:50 Investment Strategies and the Philosophy of Accumulating Assets
14:49 Promoting Financial Stability and Wealth Protection
18:23 Exploring Bitcoin’s Future Value
19:23 Bitcoin vs. Traditional Store of Value Assets
20:56 The Revolutionary Nature of Bitcoin
23:33 Accessibility of Bitcoin: Satoshis for Everyone
25:54 Leveraging Bitcoin for Tax-Free Retirement
29:42 The Global Shift Towards Bitcoin Amidst Financial Instability
—–
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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.