Personal finance author Robert Kiyosaki is warning that many people remain poor because they fail to follow what he calls the âtwo most important laws of money.â
In a recent statement, the author of âRich Dad Poor Dadâ argued that traditional savings in fiat currency like the U.S. dollar are becoming obsolete, urging individuals to store value in assets like gold, silver, and Bitcoin.
He also emphasized the power of networks in creating wealth, comparing successful platforms like FedEx and Bitcoin to small-scale businesses and lesser-known cryptocurrencies.
Kiyosakiâs message reiterates his long-standing belief that financial success hinges on smart investing and understanding the systemic forces that shape money and value. See below.
The bestselling author also referenced Metcalfâs Law and focused on the power of networks in deciding investment value. He compared established franchise systems like McDonaldâs to independent operations. Kiyosaki also noted that network-based businesses consistently outperform isolated competitors.
âI invest in Bitcoin because it is a network. Most cryptos are not,â Kiyosaki stated. He also drew parallels between successful delivery networks like FedEx and individual operators without established distribution systems.
The financial educator emphasized that his asset choices align with these economic principles. He also explained why he avoids holding U.S. dollars while accumulating gold, silver, and Bitcoin (BTC). According to Kiyosaki, these assets comply with both laws he considers essential for wealth preservation.
Referencing advice from MicroStrategy executive Michael Saylor, Kiyosaki highlighted the importance of investing in assets that wealthy individuals would purchase.
In a separate X post, Kiyosaki warned about what he perceives as deteriorating conditions in the U.S. bond market. He claimed that recent Federal Reserve bond auctions experienced insufficient demand and forced the central bank to purchase its own securities.
âThe Fed held an auction for US Bonds and no one showed up. So the Fed quietly bought $50 billion of its own fake money with fake money,â he stated. The author predicted major price increases for other assets. He projected gold could reach $25,000, silver might hit $70, and Bitcoin could surge between $500,000 and $1 million.