Robert Kiyosaki: Two financial laws that the poor break and that prevent them from becoming wealthy 💸🚫
Entrepreneur and author of "Rich Dad Poor Dad," Robert Kiyosaki warns: "Poverty is the result of breaking the laws of money"… Here’s what you need to know 👇
1️⃣ 📉 Gresham's Law: "Bad money drives out good money"
Kiyosaki explains: "Savers are losers" because they save "fake money" like the dollar, while gold, silver, and Bitcoin are the real money that retains its value.
💡 His advice: Do not save currencies that are depreciating in value.. exchange them for real assets that enhance your wealth over time.
2️⃣ 🌐 Metcalfe's Law: "The value of the network = number of users²"
Companies that build "networks" like McDonald's, FedEx, and Bitcoin become wealthy, while individual ventures like a "Mom and Pop" restaurant or an independent truck driver are not scalable and do not build long-term wealth.
💡 His advice: Invest in networks that have the potential for spread and growth.. technology and network infrastructure are the future of money.
📌 What is Kiyosaki doing?
✅ Saves gold, silver, and Bitcoin
❌ Do not hold US dollars
❌ Do not invest in cryptocurrencies without a network
🗣️ A word for investors from Michael Saylor:
"Invest only in things that wealthy people will buy from you."