Kiyosaki urged not to invest in shitcoins, but to invest in BTC

Well-known writer and popularizer of financial literacy Robert Kiyosaki stated that investments in Bitcoin (BTC) comply with Metcalfe's law, while most altcoins, which he calls shitcoins, do not obey this law. He wrote about this in his blog on the social network X.

In his opinion, only Bitcoin is a real network, and that is why he considers it a safe asset for investment.

"Metcalfe's Law is the law of networks. McDonald's is a network, and the mom-and-pop burger joint is not, so some people got rich and others got poor. I invest in Bitcoin because it's a network. Most cryptocurrencies can't boast that," Kiyosaki said.

He also added that investing in digital assets without their own network is a mistake, since such tokens violate the principles on which the value of technology platforms is built. Although he did not specify which coins he was referring to, it can be assumed that he is talking about tokens created on existing blockchains, such as Solana (SOL) or Ethereum tokens, which, according to Kiyosaki, do not have their own infrastructure and do not form full-fledged networks.

In addition to Bitcoin, Robert continues to accumulate gold and silver, which he believes also comply with the fundamental laws of money. He encourages investors to listen to figures like Michael Saylor, who has long been betting on digital gold, confidently pursuing his strategy even after the price of BTC exceeded $100,000.

Earlier, Kiyosaki once again made a gloomy forecast for the US economy and gave recommendations for protecting capital.