Saifedean Ammous on the Rich Dad Radio Show with Robert Kiyosaki

<p>Gold became money as determined by the free market because of its properties&mdash;scarcity. But with the invention of Bitcoin, we are now seeing a historical event that will never be repeated. Bitcoin&rsquo;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&rsquo;s built upon prevents it from being shut down.<br /><br />Saifedean Ammous, economist and author of The Bitcoin Standard: The Decentralized Alternative to Central Banking says, &ldquo;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.&rdquo; And he says it&rsquo;s this reason Bitcoin is the only working alternative for central banking.<br /><br />Host Robert Kiyosaki and Saifedean Ammous answer the questions surrounding Bitcoin and why it the &ldquo;first demonstrably reliable operational example of digital cash and digital hard money.&rdquo; <br /><br />Website: <a href="http://www.saifedean.com" rel="noopener">www.saifedean.com</a></p>