Finance

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

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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

[Take Advantage of this FREE Trial & Discover How to Build Your Fortune With Cryptocurrencies]: https://www.rocketfuelcrypto.com/crypto-series-offer

#robertkiyosaki #bitcoinstandard #financialeducation

https://www.richdad.com/

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27 Comments

  1. Arthur Soghomonyan
    July 15, 2021 at 10:31 pm

    Robert you can be an older jerk but that does not make you right.

  2. trade wizard
    July 15, 2021 at 10:31 pm

    Saifdean ammous was such a gentleman in this debate,robert being a snob!

  3. Direct Access
    July 15, 2021 at 10:31 pm

    In Dec 2020, Robert still had no grasp of how bitcoin and cryptocurrencies work. He should by mid-2021. But the problem is his arrogance that stems from his old age "wisdom" and real world "experience" blinds him from learning what is real and what is not. Bitcoin people are not arrogant. They are just frustrated that smart people (including "idiots who buy gold from a gold store") keep on failing to understand bitcoin because they don't do the time to understand what bitcoin is fundamentally and how it works….and then goes on to make over-simplified assumptions that belie their "wisdom" and "experience". Word of advice to Robert – just raise the questions, refrain from retaliating, remain silent and absorb what people like Dr Saifedean Ammous, Anthony Pompliano, Michael Saylor and Andreas Antonopoulos have to say about crypto. They have the information and knowledge that you need. You sound like you're interested to learn, but you're not receptive when genuine information is being passed to you. Dr Saifedean was a true gentleman thoughout the interview. Someone with his credentials shouldn't have to put up with this sort of superficial bashing.

  4. adiintel1
    July 15, 2021 at 10:31 pm

    I like gold and own some myself but saifedean has the best arguments off why in this current time has its flaws with a system that doesn't want to go back to the gold standard.

  5. anewhope538
    July 15, 2021 at 10:31 pm

    Lmao Robert “I can’t hear your truthful answer past my 70 year old arrogance” Kiyosaki.
    Boomer

  6. Diaspora Returnee
    July 15, 2021 at 10:31 pm

    This guy (Saifedean Ammous) is brilliant!

  7. Diaspora Returnee
    July 15, 2021 at 10:31 pm

    I had always suspected Robert Kiyosaki had sold out to the powers that be. This interview confirms it. Bitcoin and cryptos forever!

  8. Carter Shelton
    July 15, 2021 at 10:31 pm

    Robert, you are so respectful to your other guests but you hardly let Ammous talk and explain his position.

  9. Kiki Says
    July 15, 2021 at 10:31 pm

    Kiyosaki! Lets hear from your guest. You just want to hear yourself talk and brag about your good investments. Blah blah. You actually could learn something from this man!

  10. pauly hart
    July 15, 2021 at 10:31 pm

    WOW i've never seen robert be such a prick.

  11. Apple Jack
    July 15, 2021 at 10:31 pm

    Robert, have you even read "Bitcoin Standard"?
    There is no point in debating people like Peter Schiff. Many gold bugs got their head up their ass.
    If you get both bitcoin and gold, you can stay rather neutral. I do like bitcoin more than gold though.

  12. ES
    July 15, 2021 at 10:31 pm

    Had to stop watching halfway through. Robert way too condescending. Kudos to Saif.

  13. Sachin
    July 15, 2021 at 10:31 pm

    Robert Kiosaki is not a good anchor.

  14. Trisha White
    July 15, 2021 at 10:31 pm

    "Financial education is the key to success during time of crisis. Those that understands how money works will survive no matter which way the market is moving".

  15. Sjp 4u33
    July 15, 2021 at 10:31 pm

    There WAS no Biden victory.

  16. Everyman Investing
    July 15, 2021 at 10:31 pm

    Ok Boomer !

  17. Daniel McGrane
    July 15, 2021 at 10:31 pm

    The only arrogant one is you Robert

  18. Eddie Huiz
    July 15, 2021 at 10:31 pm

    Robert baby boomer

  19. Robert Moffat
    July 15, 2021 at 10:31 pm

    Thanks for this interview. It's so good. I really appreciate Kiyosaki's adversarial approach.
    He's trying to cut through the crap to get to the essence.
    Nice work. 👍👍

  20. OTHEOS MAZIMAS
    July 15, 2021 at 10:31 pm

    WARNING : BITCOIN = BAITCOIN. RED FLAG: Why would Youtube (Google) be sponsoring it if it was really against the current monetary system ? At worst you will lose the money you invest in it. At best you will lose precious time you could be using doing something profitable.

  21. Cleaner Details LLC
    July 15, 2021 at 10:31 pm

    Robert gives a lot of tough love. He's definitely not a snow flake !

  22. Farnaz Forouzandehfard
    July 15, 2021 at 10:31 pm

    Robert please respect your guest. You did not even give an introduction of him to your listners. Stop repeating your story about your Gold mine please! Let your guests talk. This is the first video of yours that I could not finish despite the fact that I am into studying BTC 🙁

  23. Lifestyle Voyages
    July 15, 2021 at 10:31 pm

    Congrats Saife, you prove your wisdom and intelligence. Not on purpose, you made Robert look ridiculous.

  24. A Ali
    July 15, 2021 at 10:31 pm

    The problem is Robert does not understand Bitcoin and the fact that it 'could' implode. I'm completely with Robert, bar the marine behaviour lol.

  25. Fernando Rabello
    July 15, 2021 at 10:31 pm

    Robert was very arrogant. So what you are a miner? Saife was not talking about you, but people in general.

  26. Christo Koukoullis
    July 15, 2021 at 10:31 pm

    This was hard to watch. Ive been a Robert Kiyosaki fan for years and I am shocked by the disrespect he shows Saifedean Ammous.

  27. stellahsgroove
    July 15, 2021 at 10:31 pm

    Who's arrogant 🤔..lol