Bitcoin Price Prediction and the Future of Crypto

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 24 April 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

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.

Transcript

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0:00.0	This is the Rich Dad Radio Show, the good news and bad news about money.
0:07.0	Here's Robert Kiosaki.
0:09.0	Hello, hello Robert Kiosaki, the Rich Dad Radio Show, the good news and bad news about money.
0:13.5	Today we have a long time friend of Rich Dad, Mark Moss, and one of the best things about my job
0:19.5	is I get to talk to smart people.
0:21.9	And when it comes to crypto, you know, I'm as people laugh, guys
0:26.1	my age have no idea what crypto means. And it's the, you know, years and years ago I was
0:31.8	telling Dr. Arbuckman, Sir Fuller and he passed away in 86 I think and he said there was a new kind of currency coming on the market.
0:40.0	It was going to be called electronic money.
0:43.2	So this was a long time ago and the reason Bucky Fuller was a
0:47.4	future as could predict it, he saw kids playing electronic board games.
0:51.8	So he said this is a color and they didn't call it
0:54.8	crypto but I just mentioned it and I went okay and so it appeared as Bitcoin and
1:00.9	Dutch Cohen and all these other things but there's been an explosion of it.
1:05.7	So Mark Moss is one of the young guys I go to.
1:07.9	He's one of my go to guys, another guy is Ralph Pal.
1:12.0	For gold and silver, I go to other people, for real estate, I go to other people.
1:16.5	But Mark Moss is my go-to guy when it comes to crypto, and we just went through the having,
1:22.1	and given that I am the old guy or Mark keep it simple
1:26.7	what what does this all mean to you and the future of Bitcoin per se?
1:32.4	Yeah you know I wanted to say something real quick.
1:34.8	You mentioned Buckminster Folster.
	...

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