Famous financial educator and author of the book "Rich Dad Poor Dad" Robert Kiyosaki shared his views highlighting the differences between Bitcoin and fiat money. Kiyosaki stated that Bitcoin's rules-based monetary system offers a safer and more prosperous future.

Bitcoin is Superior to Fiat Money in Every Aspect

Kiyosaki explained that fiat money is inherently “debt-based” and therefore prone to inflation and financial instability. The power of governments to print money whenever they want leads to economic uncertainty. On the other hand, Bitcoin stands out as a more reliable store of value against inflationary pressures with its fixed supply and decentralized structure.

Raoul Pal, former executive at Goldman Sachs, predicted that Bitcoin would enter the "Banana Zone", characterized by parabolic price increases. Pal's predictions influenced Kiyosaki's decision to invest in Bitcoin, and this investment saw significant growth.

Latest Status in Bitcoin

Kiyosaki's support for Bitcoin is also supported by recent market dynamics. According to current data, the price of BTC is trading at $61,639, showing an increase of 0.78 percent in the last 24 hours. After a period of stagnant trading affected by macroeconomic factors and ETF outflows, Bitcoin has gained momentum. The influx of $31 million into spot Bitcoin ETFs on June 25 shows renewed investor interest and confidence in the asset.

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