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Bitcoin and The End of Fake Money
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:36:42
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In this episode of Rich Dad Radio Show, Robert Kiyosaki sits down with Bitcoin advocate Anthony Pompliano to explore the future of money, the flaws in traditional financial systems, and the rise of Bitcoin as "digital gold." With insights into the transformation of money, this conversation covers the key principles of sound money, the historical devaluation of currency, and why Bitcoin is becoming a crucial asset for safeguarding wealth.The Devaluation of Money: A Historical LookRobert Kiyosaki kicks off the conversation by recalling the end of real silver in U.S. currency, using the example of the 1964 Kennedy half-dollar. Post-1964, U.S. coins were primarily copper, marking a pivotal shift in the nation’s monetary system. Kiyosaki references *Gresham's Law* and how bad money (like copper) drove out good money (like silver), igniting his lifelong study of the financial system.Why Bitcoin is "Digital Gold"Anthony Pompliano dives into the reasons why Bitcoin has emerged as a form of sound money, much like gold