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Better Than Bitcoin? ‘Rich Dad Poor Dad’ Author Names His Pick
Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has sparked controversy by stating that silver is set to outperform both gold and Bitcoin in 2025. In a recent prediction, he claimed that the price of silver would skyrocket to $70 per ounce this year.
Many of Kiyosaki’s pro-Bitcoin followers have disputed his claim, pointing to the mathematically inelastic supply of Bitcoin, which means that it does not change with demand. This scarcity, they argue, will inevitably lead to a rise in value. In contrast, the price of silver is directly tied to its market supply and demand.
Kiyosaki’s statement did not mean that he is bearish on Bitcoin, as he had previously predicted that the cryptocurrency would reach $250,000 this year. However, his assertion that silver has more potential for growth has drawn intense scrutiny from the crypto community.
Many pro-Bitcoin proponents have argued that only a finite amount of 21 million Bitcoins will be mined, regardless of demand, which guarantees its value over time. Silver, on the other hand, is not intrinsically scarce and can potentially flood the market if demand increases.
Kiyosaki’s prediction has sparked a heated debate within the financial community, with some Bitcoin enthusiasts urging him to revisit his stance and reconsider the cryptocurrency’s potential for growth in 2025.
Source: https://u.today/better-than-bitcoin-rich-dad-poor-dad-author-names-his-pick
