Bitcoin has evolved as a prominent cryptocurrency, attracting global interest while continuing to influence the future of digital finance. As interest in cryptocurrencies increases, there is continued discussion about how they might affect future transactions and investments. On May 8, Bitcoin surged past the $99,000 mark, hitting around $99,349, its highest level in over two months.
The price jump came with a 2.92 per cent daily gain and strong trading activity, with volumes touching nearly $48 billion. Bitcoin’s market capitalisation is currently $1.97 trillion, just short of $2 trillion, cementing the lead in the broader crypto market, which is valued at roughly $3.07 trillion.
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As the discussion around cryptocurrencies continues, Robert Kiyosaki, author of Rich Dad Poor Dad, recently shared a post on X (formerly Twitter) about why he feels Bitcoin is a greater asset than gold or silver.
He said Bitcoin has a fixed supply of 21 million coins, which makes it a more reliable store of value. “One reason why I trust Bitcoin is there are only to ever be 21 million.” He noted that unlike gold, silver, or oil, Bitcoin’s supply is fixed, which is what makes it distinct.
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He said that unlike gold, silver, and oil, where supply may be expanded through mining or drilling, Bitcoin's supply is limited to 21 million.
Edul Patel, co-founder and CEO of Mudrex, shared his insights in response to Kiyosaki’s post about Bitcoin’s comparison with gold or silver.
He said: “Bitcoin’s hard cap, embedded in its code, makes it a compelling hedge against inflation and currency debasement. Unlike precious metals, its supply is immune to new discoveries or technological advances, offering unmatched predictability.”
He added, “As the world moves towards a digital economy, Bitcoin is increasingly viewed as a reliable store of value, often referred to as ‘Digital Gold.’ This growing appeal is driving demand from both institutional and retail investors.”
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Kiyosaki had previously stated in April 2025 that Bitcoin may reach a price of $180,000-200,000 by 2025, reinforcing his optimism in the cryptocurrency's long-term development prospects.