Robert Kiyosaki believes Bitcoin will outshine the US dollar

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Famous Rich Dad Poor Dad author Robert Kiyosaki has struck once again, highlighting the reason why Bitcoin will outshine the United States dollar. According to a recent post on X, Kiyosaki highlighted the disparity between both currencies, tagging Bitcoin as ‘good money’ while noting that the US dollar is ‘bad money.’ The famous author has been a long supporter of Bitcoin, making predictions about the digital assets over the last few years.

While Kiyosaki has been preaching the Bitcoin gospel, he has never failed to let people know that the asset, alongside precious metals gold and silver, is the way. In his recent post, he makes a compelling argument, listing the reasons why Bitcoin can be relied upon as a better store of value compared to the dollar, noting that it is the one reason why the leading digital asset will outshine the greenback in the coming years.

Robert Kiyosaki makes a compelling Bitcoin argument

According to Kiyosaki, Bitcoin has often offered great stability with enough room for growth, something that inflation and excessive printing have denied the dollar. He believes that confidence in the US dollar is at an all-time low, noting that people are now gravitating towards the digital asset. It is not hard to see why, especially after President Donald Trump came into the White House with his meme coin and crypto friendly promises. 

In his post, Kiyosaki maintains that two laws give Bitcoin power over the dollar. He quoted Gresham’s law, noting that when bad money enters a system, good money goes into hiding. He mentioned that over the last year, the dollar, which he refers to as bad money, has forced precious metals, which he calls good money, into hiding. However, he noted that things have changed now, as Bitcoin, silver, and gold are now fighting back and sending the dollar into hiding.

Kiyosaki’s post about Gresham’s law discusses how Bitcoin is a safer bet in the face of the weakened dollar. He also pointed to Metcalfe’s Law, where he talked about the value of having a better network of participants. He noted that Bitcoin’s value is currently being strengthened by the number of its participants, with its decentralized nature being the edge that the currency possesses. This postulation talks about the growing interest that Bitcoin has enjoyed from corporations, with MicroStrategy currently leading the Bitcoin purchase charge.

Skeptics unmoved by Bitcoin’s potential as the dollar plunges

With Donald Trump at the helm of affairs in the United States, there is no telling what will happen in the local financial landscape. However, his pro-crypto mindset is a win for Bitcoin and the wider crypto industry. Hailed as the crypto president, Trump has kicked things into motion, endorsing a national Bitcoin Reserve.

However, some people are still not convinced about Bitcoin’s value. Most of them see it as a speculative asset, with Goldman Sachs CEO David Solomon as one of them. He has frequently mentioned how the asset’s speculative nature has not made it a true competition to the dollar.

Meanwhile, the United States dollar recently dropped to 1.7%, a 14-month low last seen in 2023. According to analysts, the dollar is now in the overvalued region, with a correction coming soon. The correction has seen other currencies perform well against the dollar, with the British pound rising by 2.5%.

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