Robert Kiyosaki & Nassim Taleb on USD, Bitcoin and Gold

Rich Dad Poor Dad by Robert Kiyosaki is a best-selling book. He also serves as the CEO of Rich Global LLC.

Professor at the Polytechnic Institute of New York University and best-selling author Nassim Taleb. He used to be a dealer for a very long time.

Robert: How can you determine if what you are doing is effective?

Nassim: You have no clue how much time you lost if it isn't functioning. It must be tried in order to determine if it will function or not. But don't let failure scare you. In fact, I believe that failure is something you should embrace since, in most circumstances, it will teach you what to do better moving forward.

Robert: Despite being existing since 2009, Bitcoin didn't get widespread acceptance until its price rose from $1 to $266 per bitcoin in about a year in 2014. Why did it take place?

Nassim: Bitcoin was created as a kind of money that doesn't need a centralized authority and that is accepted anywhere in the globe without any limitations. This made it particularly appealing to anyone who wished to use it as an investing tool rather than merely a medium of exchange for everyday transactions. People were purchasing it before they even realized what it was, which increased its value.