Robert Kiyosaki and Bitcoin

Greetings friends from Project Hope, in the past days I watched a YouTube channel called "The Rich Dad Channel" by the famous writer Robert Kiyosaki, author of the book "Rich Dad, Poor Dad" and many other books such as Increase your financial IQ between others, all these books that sought to educate people about financial mechanisms that would allow them to get out of the mentality limited by the existing education, in which there is no training in financial matters.

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In the program he was watching, Kiyosaki talks with an expert in crypto assets.

Kiyosaki's show has a debate about where do cryptocurrencies come from? What value do they have? He tends to compare it to oil, gas, silver or gold, but the guest does not stop talking about how bitcoin is used, how its value depends on who buys it, but he does not answer any of Kiyosaki's questions, Kiyosaki himself tells him that whoever does not trust the dollar because it is a manipulated currency whose value and amount of dollars issued depends on the US Government, prefers to have his wealth in gold, oil companies, properties and bitcoin, that way the and your wealth is not controlled by the US, it can only be tracked and controlled when you convert your assets into dollars. Now, the guest who never managed to answer the questions, did not understand that Kiyosaki knows and recognizes that investing in bitcoin is a logical investment mechanism, since he himself has invested in bitcoin, he even mentions that he will buy once it goes down more, At the time of the program, it had not yet dropped to 20,000, but he plans to buy once it reaches that price.

I want to comment, the value of the different currencies depends very differently from how their origin was, each country issued an amount of money according to the value of the support they had as wealth in gold, that is why the banknotes used to say that their support was gold, but modernly the value of money refers to the balance of payments of each country, that is, it depends on the confidence of the internal and external markets. Bitcoin and all the first cryptocurrencies exist as algorithmic calculations, that allows each one to be unique, in the case of bitcoin there is even a specific amount of bitcoin, but its value is determined by the trust that users place in that cryptocurrency. That is why Kiyosaki insisted so much, because the markets are always based on speculation and trust.

Today I want to conclude by saying that those who think that we are about to see the bitcoin crash, seeing how the market range of over 20,000 transactions makes me think that the recovery of bitcoin today, surpassing more than 21,000 dollars per bitcoin, marks an early recovery and that will be seen in the next few days and I would not be surprised if in a maximum of two months the price of 30 thousand or more is recovered.