Renowned American author and businessman Robert Kiyosaki has once again expressed his support for Bitcoin (BTC), praising its superiority over traditional assets like gold, silver, and oil.

In a recent tweet, Kiyosaki elaborated on why he believes Bitcoin stands out among these assets.

Bitcoin’s Fixed Supply Advantage

Acknowledging his ownership of gold and silver mines along with oil wells, Kiyosaki pointed out a fundamental flaw in these traditional assets. The more they are mined, the more their values are diluted, unlike Bitcoin, which has a fixed supply of 21 million coins.

I love gold and silver. I own gold and silver mines. The problem with gold and silver is…the higher the prices go, the more gold and silver is found. Same with oil. I own oil wells also. That is not true with Bitcoin. No matter how high the price of Bitcoin goes there will only…

— Robert Kiyosaki (@theRealKiyosaki) March 14, 2024

Kiyosaki’s long-term bullish stance on Bitcoin is well-known, with him consistently advising people to accumulate the cryptocurrency. Recently, he projected that Bitcoin could surge to $300,000 by the end of 2024, showing his optimism about its future prospects.

Supporting Kiyosaki’s views, Michael Saylor, the executive chairman of MicroStrategy, recently claimed in a recent CNBC interview that Bitcoin would ‘eat gold’ in the coming months. Saylor dubbed Bitcoin as ‘digital gold,’ citing its superiority over the precious metal due to its remarkable qualities.

According to Saylor, Bitcoin possesses all the positive attributes of gold without any of its drawbacks. He highlighted Bitcoin’s digital transferability, which contrasts with the logistical challenges of transporti