Bitcoin vs Gold and the Future of Money- Robert Kiyosaki, Jeff Booth
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- Опубликовано: 28 апр 2024
- Host Robert Kiyosaki interviews author Jeff Booth and they discuss the future of money, the impact of technology, and the role of Bitcoin in creating a decentralized and secure financial system. The conversation covers the principles of capitalism, the deflationary nature of the free market, and the potential of AI.
00:00 Introduction
03:24 The Free Market is Deflationary
04:19 Free Market Vs Crony Capitalism
06:50 Where AI is taking us
11:53 Do More with Less
21:19 Bitcoin is the only thing that is decentralized
32:58 Only in Bitcoin is the Free Market, actually Free
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Please read carefully.
This is not financial advice. You may be asking, “What does that mean?”
Let me explain…
Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.
YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.
We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.
Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.
Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
I've been closely following the news about a potential Bitcoin Spot ETF. If that happens, it could bring a massive influx of institutional money into the crypto market.
Absolutely, and did you see how Michael Saylor, MicroStrategy CEO, has been consistently buying more Bitcoin for his company? It's like a bullish endorsement for the entire crypto space
I wonder how these developments are affecting traditional and other speculative assets. The market dynamics seem to be shifting. Who has adjusted their portfolios accordingly? I remember how 08 turned out, if one had positioned for shorting sub-prime loans you would have generational wealth.
I've been working with Monica Mary Strigle, and she's been incredible during this period. Strategies have helped me capitalize on these crypto and traditional market movements. I've seen gains of up to 200%.
Monica Mary Strigle sounds like the fin-planner to have in times like these. How did sh navigate through the speculative and defensive assets to achieve such remarkable gains? I might need to reach out to her.
Monica's approach involves a balanced mix of traditional and crypto assets. She harnessed the potential of digital assets while ensuring the defensive side of the portfolio remains robust. It's been a game-changer for my personal wealth.
Jeff is amazing. Robert, stop interrupting your guest, please!
He doesn't listen so seriously don't waste your breath.
The irony. Almost did not watch this podcast cause I saw the title and thought this sounds old and boring. I had to kill my ego to watch this. Great one.
Please fix the technical issues and cut out/lags and upgrade these podcasts I love them thank you for everything you do. Keep growing my friends
I’ve learned so much from Jeff Booth! He is a kind man who cares about people’s future. Bitcoin (only) is the mission and the exit out of the old system and the entrance into the new system. There’s a lot to learn about the new ecosystem of Bitcoin (only), but it’s possible and doable for all to learn.
Start off by listening to all and any vids and work of Jeff Booth. His book “Price of Tomorrow” is INCREDIBLE!!! 🎉
I cannot thank you enough Robert for all these years of wisdom from you 🙏🙏🙏🙏. You guys are amazing
That was really enlightening to hear about the market and especially bitcoin. I have been debating getting into it. I realize that it is a big hedge against inflation which is why it has been going up. I just wonder why it is that it sometimes goes down as well.
Jeff ❤
what happen to the video at 28:43?
What bank and storage do you use in Switzerland?
There's a freeze spot in the video around 28:50
Great video as always. I notice that you display the AMZ650K ! I just got some too!
Nice he Robert! Thank you both
Amazing
I think your referring to mark dice going out to beaches offering silver or choc
Hello Robert God bless you 🙏 for teaching ❤
To Buy silver oz bars? Or Buy gold grams?
Silver has a lower marketcap, which means there will be more upside potential.
This also means it will be more volatile, and suffer larger peice dips during crashes.
This is why people make a portfolio, allotting more captial to lower risk assets and less into higher risk.
Looking forward to this show
Looking forward to helicopters
Thank you Robert and Jeff - appreciate your time and insight
Thank you sir. Keep it up
We're entering an era where all currencies will be backed by commodities such as Bitcoin, gold, silver, real estate, etc. Eagerly finding out what other assets are perfect to acquire with $300k. Just because i can't afford mistakes
There are several elements at work. Inflation is growing. I think you're better off discussing with a proper advisor to help create a basket of securities in order to achieve growth with your capital
Absolutely right, @bastianrusso. You have to be deliberate in making good profits in this mkts. When confronted with a similar dilemma, we consulted with a fiduciary who assisted us in constructing a robust portfolio. It has endured the test of time and grown to a high seven-figure sum. The dividends from our portfolio cover our expenses and we don't have to worry about inflation/recession corroding our gains.
Certainly you cannot, I have been working with 'Monica Selena Park,' and the beauty of it is her expertise extends to various aspects of financial advisory. She has skillfully constructed a diversified portfolio for me including digital assets, i have amassed 7 figures earnings. I'd suggest you research her further on your browser, sure you'll find her basic info.
thanks for putting this out, just copied and pasted her full name on my browser, spotted her site easily and skimmed through her credentials, she seems very professional
To my understanding Success depends on the right actions and steps you take to achieve it. And taking the right opportunity.
Real estate or crypto?
A geat talk on the future what is coming and how to protect youself.
Bitcoin is the greatest investment I don’t have a dollar in the market but lots of money in Bitcoin.
What a title ❤
Thank You, Robert, for having Jeff Booth on the show. Literally, if there was any doubt about Bitcoin, by listening to this podcast, my view has changed forever, and I make sure everyone around me is aware of this.
Hi robert u ar my mentor
28:51 it freezes
Thank you for this podcast. Anything regarding Canadian entrepreneurship and wisdom is truly appreciated by myself Robert.
I watched 5 minutes and stopped because Robert just cant stay quiet for long.
Theres plenty of Jeff Booth videos on RUclips where he doesnt get interupted.
Who else just wanted Robert to just let Jeff speak without being interrupted every 30 seconds??
Mr kyosaki how do I save money to buy my first home 🏡
Stop interrupting Jeff every 30 seconds next time. Let the guest speak and get a flow
He’s basically saying Bitcoin is unstoppable. Not buying it
People saw financial education is stupid but wait till they get older
Part of a very important coin been talked about in the BCL
Is it still okay to invest in gold? April 2024
Your explanations are clear and straight forward. I've watched several videos on trading, but they often lack practical advice, can you recommend a reputable trading coach who can guide me through the process effectively?
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
We are grateful for such wonderful couches
I'd like to see a video comparing the biggest heists and ponzi's in history to the losses in theft over the last 10 years in crypto.
This puts the drop in the prices of Tesla models in perspective. lol😂
I ❤ Jeff & his work & I've listen to so many podcasts where he was invited but Robert you are a living example of what Jeff is saying & I ❤ how natural you translate his knowledge to appeal to broader audiences thus breaking the echo chambers of bitcoin content listeners.
Xrp and silver and Btc guys
How long has Robert been pro bitcoin? I thought he hated it a while back.
It shows that Bitcoin is gaining ground.
Wow, so much truth and light, almost blinding for those of us who have lived fo so long in the darkness and confusion created by the parsites and manipulators of this world. I am honored to be on the same planet as you and Jeff.
Physical Silver is not a good investment given the high premium
Robert. Shhhhhhhhhhhhhhhh.
Thanks so Much Robert and Jeff! So much Value you gave to all of us! 🙏
Jeff is the most important person you’ve ever had on here and that’s not an exaggeration. Thank you
"Believe only half of what you see and nothing that you hear." - Edgar Allen Poe
get jeff booth and jeff snider together! love it
So what the heck does this mean in a nutshell for a simpleton? What are you supposed to invest in or are we just waiting to see which way AI Falls?
Excellent interview.
Thank you Jeff for your work.
Helping us understand Bitcoin and deflation has been huge for so many people.
Thanks for hosting Robert!🙏
Hi Robert im a new succriber love your content channel how you break up successfull life information on your platform i heard u got 80 acer barn for free in a year did the bank take over??$$😊
I started investing when I was 40 mostly through sweat equity. I just turned 45 and this last month was the first time that my passive income broke $100,000 for the month. This is solid advice! DO IT
Quite impressive but How? I know it's possible, my colleague at work got her first investment return of 46k after two weeks she quit the job,I would appreciate if you show me how to go about it
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $489k in just the past two quarters. this experience has shed light on why experience traders are able to generate substantial return even in lesser -known market. It's safe to say that this bold decision has been one of the most impactful choices I have made recently.
I've been thinking of going that route, been holding on to a bunch of stocks that keeps thinking and I don't know if to keep holding or just dump them, think your Fin-coach could guide me with portfolio-restructuring
I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser.......?
Yes My mentor Camille Anne Hector has extensive training and knowledge in the financial industry. She is regarded as an authority in the field and has an in-depth understanding of portfolio diversification. I advise doing more study on his credentials. she is a great resource for anyone looking to understand the financial market because of her extensive experience.
I love this
I have been trading for two years know. Bought Bitcoin but did not know the value of long investment and regret selling my Bitcoin. I agree that bitcoin is a great investment but you would have to be patient and calm. Learn more about it and you will understand what makes it so great.
Where is the board game for free?
I’m seeing it for $97 lol
All of my USDT is still going to buy AMZ650K
So Jeff Booth is a bitcoin maxi... Good to know.🤨
I'm glad you're not just listening but also hearing.....we learn from each other! ♥🤝
I purchased $5000 AMZ650K I am on the train too
Your guests never disappoint
My AMZ650K shorts are doing pretty well and I plan to hold much longer.
You interrupt your guests constantly!
AMZ650K will continue to improve and expand responsibly. Don’t sleep on it.
Love the AMZ650K content. I think this project is just as essential as HBAR and they both will be great movers
Jeff is absolutely fantastic! 💯 He is a modern day Fuller! ❤
I take issue with him saying that only Bitcoin is decentralized ....being a maximalist of anything will only get you so far....what he doesn't seem to understand is that other projects are going to build a new system that is more decentralized than the current FIAT system using Bitcoin as a backstop....I do agree that Bitcoin is a Juggernaut that cannot be stopped and everyone should have some for savings...but it's greatest strength is also its greatest weakness..it's inability to change allows other projects to come out and use Bitcoins strength as a Trojan Horse.
I guess you never heard of xrp or xlm are all the other digital assets
So so SO TRUE and strong! We either get it that God wants us all to be free and rich or bye bye. I am very touched by that phrase because I read it also from the greatest spiritual teachers in my country of Bulgaria. The truth is that now today, here on this earth there is enough for everyone. But as you "traders" sry "loosers" know after greed comes fear. So we need neither. No more greed and no more fear!
Thanks for the video and information
I am excited 😊 my life has totally changed. I have been benefiting $10,250 from my $4,000 investment every 14days
I invested with Ricky, i make about a 30,000USD every month.
I trade with him, The profit are secured and over a 100% return on investment directly sent to your wallet.
After watching so many RUclips tutorial videos on trading, I was still making losses until Mr. Ricky wen started managing my investment. Now I make $6,800 weekly. God bless Mr. Ricky wen as he has a blessing to my family.
I've seen a lot of recommendation about Mr Ricky wen, Please can I have his info? I want to invest 2,000usd with him.
He's On TELEGRAM ✍️✍️
I’m 15 and I’ve been watching his videos since I was like 13
Everyone waited for Amazon to create AMZ650K and the time is ready.
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
It is recommended to seek the assistance of a financial advisor or broker to diversify your investment portfolio through the inclusion of commodities, inflation-indexed bonds, and stocks of financially stable companies, rather than relying solely on growth stocks with uncertain future earnings.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 950k within a year, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
I'm been guided by “Vivian Carol Gioia” who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
@@KarlGrabe955 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I believe AMZ650K will go 200x after launch on Binance.
I THOUGHT THEY ALREADY RAISED THE AMZ650K LIMIT.
Thank you for the enlightening radio show, so much to consider from this.
Why does Robert keep saying "my wife"?
Lets discuss the AMZ650K guys. This is failproof and barely any asset can be labelled failproof at all.
I am seeing AMZ650K everywhere can you make a video for these ico projects especially AMZ650K .
Great video! I DCA in AMZ650K already, Patiently waiting for the Moon time!
Whats better holding into crash or being safe with AMZ650K tell me
Everyone talking about the AMZ650K launch best news this year.
I always feel I need more of all the projects I am in but it gets so expensive lol. Anyone feel the same? I just got to 300k AMZ650K last night but still want some more.
Bitcoin isn't as decentralized as you think Jeff
If I have 1 million dollars worth of Bitcoin and the dollar completely crashes. How much is my Bitcoin now worth?
Jeff Booth is one of the people that immutable history will write about as one of the pioneers of the future.
It seems bitcoin IS nothing and being happy with it. On top of that it seems it's full dependent on the grid. Gold has stood the test of time for 5000 years and will continue to do so
Rob is awesome and a real American success story and paitriot thank you Rob for all you have done
Jeff Booth is THE bitcoin oracle
If you got too much money Robert there's a man here that could do with £250 to start my online business
Thats why they have phd usd and ect while we have btc gold and wealth🎉😂
You want to know what’s coming? Pay attention to Jeff. He is an absolute visionary who deeply cares about humanity and is also one of the smartest guys I’ve come across.
I figured AMZ650K headed up in a big way. SCHIFF came out and declared that Bitcoin wont be going back to highs. Do the opposite of what that guy says.
Ask GEN Z, Real vs Fake? Bet they say fake
Robert kiyosaki is my RICH Dad 😂
Onggg🤗
Don't understand why he wouldn't give more space for Jeff to respond without interrupting so much.
Where is his board game for free?
In many homeless shelters for teens and children
@@laughingsmith119 haha well glad you got a copy
*Amazing content. You are still the best! It's been a year since I found ways to improve my finances and by working with a recognized professional, I was able to achieve financial independence. I have to say this; “As long as you have determination and work hard, you can achieve anything you set your mind to.”*
Congratulations, I'm glad I found this, if you don't mind; How did you achieve financial independence? I'm in a lot of debt and I can't seem to do anything right. I'm also at a very critical stage in my life and I'm willing to try anything you recommend.
*To create wealth, consistency is key.* I make different productive investments and with the help of my financial consultant *(Donald Nathan Scott)* I have obtained great returns. My advice is to get a professional to help you make the right decisions and improve your management skills.
I appreciate the kind response and, of course, I am willing to try this experience. If you don't mind, how do I contact your financial advisor?
*DONALD NATHAN SCOTT* is my professional, I looked up his name on the Internet. Fortunately, I found his contact information and contacted him.
Great information!! It's really cool to see Donald Nathan Scott's name mentioned here. I have gained a lot from working with him and I am really happy with my decision to work with him because he has proven to be the most reliable financial consultant to work with.
bitcoin is not what he thinks. its far from satoshi's original Idea
Yeah right technology has made it cheaper to build a home since he bought bitcoin
Not very bright if u ask me
Just cheering something that's going up