Robert Kiyosaki and Mark Moss discuss why Bitcoin doesn't compete with other cryptocurrencies. Moss explains Bitcoin's core advantage: it runs on millions of independent nodes instead of a single database, and the entire blockchain fits on a thumb drive, letting anyone worldwide run a full node and preserve decentralization.
I can make my own Bitcoin. I mean, a friend of mine called me and said, why don't you start the Rich Dad Coin?
There's a couple of reasons why I can tell you it's actually pretty simple. The real revolution here is to go from a centralized system like the Fed or central bank or Facebook to a decentralized system. So instead of one database that the Fed controls or the bank controls, we have millions of databases. In order to stay really decentralized where we have millions of databases, everybody has to be able to run one. So the Bitcoin database is about 400 gigabytes. It can fit on a thumb drive. A kid in Africa with a 7 year-old laptop can download the Bitcoin database and start running it. Anyone in the world can run a Bitcoin database, which keeps it decentralized. Bitcoin won that race, and so every other cryptocurrency— Solana, Ethereum— they're competing for something else. Bitcoin is competing not as a new technology, Robert, it's competing for value itself. If you want to know more about the Wealth OS system and how you can use it to build wealth in your life, comment the word system down below. We'll send it over to you.
