Kiyosaki Reiterates Preference for Bitcoin Amid Economic Uncertainty
Financial expert Robert Kiyosaki has once again expressed his preference for holding Bitcoin (BTC) as part of his investment portfolio, alongside gold and silver. According to him, he only wants money that governments cannot print.
Kiyosaki makes the case that owning assets like BTC, gold, and silver serves as a form of insurance against monetary and economic disruption. He compares it to buying insurance before an event occurs, rather than after the damage has been done.
One key aspect of Kiyosaki's argument is the scarcity of Bitcoin. The total supply of BTC is capped at 21 million, with new coins added to circulation through a protocol-governed process, rather than government-issued fiat currency. This scarcity, however, does not guarantee price stability.
Over the past five years, BTC has returned around 72.6%, equivalent to an annualized gain of about 11.5%. However, its maximum drawdown reached nearly 77% during this period. In comparison, gold delivered a stronger performance over the same time frame, with a return of approximately 135%.
Kiyosaki's portfolio is not limited to speculative assets like BTC and Ethereum (ETH). He also owns oil wells, which generate income from production sales, providing a different source of return compared to holding BTC or gold.