Summary
- Robert Kiyosaki said, "If I had to choose only one asset, I would choose Bitcoin."
- Kiyosaki said that, by design, Bitcoin’s issuance is capped at 21 million and is now nearing that limit.
- He said that after 21 million are mined, no new Bitcoin can be added, so the price has no choice but to rise, comparing it with gold.
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Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad,' has drawn attention again by saying, "If I had to choose only one asset, I would choose Bitcoin."
On the 9th, Kiyosaki wrote on his social media (SNS) that he is often asked, "Which is the better investment, gold or Bitcoin?" and answered accordingly.
He added, "For diversification I would say both (gold and Bitcoin), and I would also tell you to add silver. But if you have to choose just one asset, it's Bitcoin."
Kiyosaki cited the 'limited supply' as the reason for choosing Bitcoin. He said, "By design, Bitcoin’s issuance is capped at 21 million, and we are now getting close to that limit. After 21 million have been mined, no new Bitcoin can be added, so the price of Bitcoin has no choice but to rise."
By contrast, he said, "If the price of gold rises, more gold miners—and people like me (Kiyosaki)—will mine more," drawing a comparison.
Jang Ji-min, correspondent for Hankyung.com newsinfo@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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