Robert Kiyosaki named two economic laws that influence the growth of Bitcoin. As usual, he did not forget to mention that the stock market is expecting a huge collapse very soon.
The billionaire investor first pointed out Gresham's Law, "The worst money drives out the best." According to him, rising inflation and the printing press have turned the US dollar into the worst money.
He stressed that gold, Bitcoin and silver is "good money" that retains its fundamental value despite events in the global economy.
In addition, the entrepreneur pointed to Metcalfe's Law, which states that the financial value or influence of a network is proportional to the square of the number of users in the system. As Kiyosaki put it, McDonald's has more power than a small hamburger stand because it is a franchise network. Network marketing has more power than a small business, and this principle can be applied to Bitcoin.
In custody Robert Kiyosaki once again warned all investors that very soon there will be a grand collapse of the stock market, the likes of which have never happened in the entire history of its existence.
According to his estimates, the market crash should happen in a few weeks, and in order to preserve their capital, the businessman again called on everyone to invest in bitcoins and precious metals such as gold and silver.
