Three Things Are Certain in Life: Death, Taxes, and Bitcoin

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

🗓️ 13 July 2020

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Gold became money as determined by the free market because of its properties—scarcity. But with the invention of Bitcoin, we are now seeing a historical event that will never be repeated. What makes Bitcoin so special is that prior to Bitcoin there was no other form of money with its absolute limited supply.
Bitcoin’s characteristics make it a direct competitor to the central banks because of its absolute scarcity, resistance to theft and confiscation, and the system that it’s built upon prevents it from being shut down.
Today’s guest, Robert Breedlove who is the Co-Founder and CEO of Parallax Digital, a digital asset hedge fund and digital securities advisory firm, says, “Central banking is a model based on socialism.” Whereas “Bitcoin is purely a capitalist technology and lives entirely in the free market.”
So what is the endgame? Bitcoin separates money from State control.
Host Robert Kiyosaki and guest Robert Breedlove, CEO of Parallax Digital, discuss the history of money, why fiat currency is a pyramid scheme, and how Bitcoin is challenging the central banking system.

Website: https://www.parallaxdigital.io
An Open Letter to Ray Dalio: https://youtu.be/i0N9qj4gjmg
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Transcript

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0:00.0	Crypto doesn't sleep, so neither do we.
0:04.0	Crack-in client support is available 24-7, 365 days a year by call, chat, or email.
0:11.0	We're here for you whenever you need us.
0:13.0	Give us a shout at crackin.com forward slash support proof,
0:17.0	not investment advice. Crypto trading involves risk of loss.
0:23.0	Don't be like Charlie.
0:25.0	Charlie is that do-it-yourself or who does himself in.
0:28.0	Do-it-yourself is good for tile and grout.
0:31.0	It is not good for asset protection.
0:33.0	Charlie thought he'd save a few dollars forming his LLC online.
0:37.0	With no guidance, he did it wrong.
0:39.0	When he sold the property, he lost thousands and thousands of dollars.
0:43.0	He did himself in by trying to do it himself.
0:46.0	Don't burn yourself.
0:48.0	Use corporate direct to set up and maintain your LLCs and corporations.
0:53.0	Corporate direct is owned and operated by attorney and rich dad advisor,
0:57.0	Garrett Sutton.
0:59.0	Garrett wrote the best seller's loopholes of real estate and start your own corporation.
1:03.0	He is Robert Kiyosaki's attorney for asset protection.
1:06.0	He and his team will do it right.
1:08.0	Visit them at corporatedirect.com or call 800-601-760.
1:14.0	Mention rich dad and receive $100 off your formation fee.
	...

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