Video title: The Alternative to Central Banking - Robert Kiyosaki and Saifedean Ammous [Rich Dad Radio Show]

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The Alternative to Central Banking - Robert Kiyosaki and Saifedean Ammous [Rich Dad Radio Show]
 

Description:

Gold became money as determined by the free market because of its properties—scarcity. But with the invention of Bitcoin, we are now seeing a historical event that will never be repeated. Bitcoin’s characteristics make it a direct competitor to the central banks because of its absolute scarcity, resistance to theft and confiscation, and the system that it’s built upon prevents it from being shut down.

Saifedean Ammous, economist and author of The Bitcoin Standard: The Decentralized Alternative to Central Banking says, “The higher the ratio of the stock to the flow, the more likely a good is to maintain its value over time and thus be more salable across time.” And he says it’s this reason Bitcoin is the only working alternative for central banking.

Host Robert Kiyosaki and Saifedean Ammous answer the questions surrounding Bitcoin and why it the “first demonstrably reliable operational example of digital cash and digital hard money.”

Website: www.saifedean.com

#robertkiyosaki #bitcoinstandard #financialeducation

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Tags:

TheRichDadChannel, robert, kiyosaki, rich dad poor dad, motivational speakers, business ideas, make money, how to get rich, network marketing, how to make money, how to invest, passive income, cashflow game, bitcoin, bitcoin standard, saifedean ammous, the future of bitcoin, robert kiyosaki, financial education, rich dad radio show, kim kiyosaki, rich dad radio, crypto news, financial literacy, satoshi nakamoto, central banking, decentralized banking

 

Video URL:

https://www.youtube.com/watch?v=xPhzUYUEXSo
 

Video Author:

The Rich Dad Channel

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