Kiyosaki wrote that thanks to a limited suggestion of bitcoin in 21 million coins, the first cryptocurrency differs from precious metals that can be mined by increasing their offer. The fixed proposal of Bitcoin makes cryptocurrency immaculate to the policy of central banks printing money – this distinguishes BTC from traditional goods.
“Why is bitcoin better than gold or silver? One of the reasons why I trust bitcoin is that only 21 million of these coins will be. Suppose I have gold and silver mines, with oil wells. If the price of gold, silver or oil will grow, I will just get and drill more, increasing the supply of these resources. But I can’t do this with bitcoin. 21 million is 21 million, ”Kiyosaki wrote on the social network Kh.
Bitcoin deficiency can protect the accumulation of investors from inflation and depreciation of fiat currencies that are subject to pressure due to economic instability around the world and increasing government spending, the investor writer believes. Kiyosaki often warns subscribers about the weakening of the US dollar, so it advises investors to at least gradually acquire bitcoin so that their assets can maintain their purchasing power.
Recently, Kiyosaki predicted that by 2035 Bitcoin will cost more than $ 1 million, gold ounce will be traded for $ 30,000, and silver – for $ 3,000. Earlier, the entrepreneur advised the investors not to store savings in pension funds, but instead to accumulate bitcoin.
Source: Bits
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