🌐Robert Kiyosaki: Bitcoin, the best choice in economic ups and downs🚀

Robert Kiyosaki, author of the best-selling book "Rich Dad, Poor Dad," recently stated that Bitcoin is the best choice regardless of economic boom or bust.

According to data from the U.S. Bureau of Economic Analysis, although GDP in the third quarter of this year increased significantly compared with the second quarter. But Kiyosaki warned that the economy could slip into depression next year.

He even posted on social media

Kiyosaki said that by “money” he meant Bitcoin and gold. He's not the only one worried about the economy. Some analysts worry that Trump's trade policies may slow down the economy and even lead to recession.

Kiyosaki believes that the economic crisis is actually a good time to get rich. He said: "I plan to become richer, and I hope you will become richer and smarter." He predicted that the price of Bitcoin may fall from US$100,000 to US$60,000, but he will not sell. He also predicts that Bitcoin will reach $250,000 in 2025.

Even though most economists predict that business will be booming in 2025, Kiyosaki believes that Bitcoin is your savings tool. He said that no matter what the economy does, the value of Bitcoin will not change. When the economy is bad, people will buy Bitcoin as a hedge; when the economy is good, fiat currency inflation will cause Bitcoin prices to soar.

Kiyosaki also emphasized: "No matter how the economy develops, gold, silver and Bitcoin will retain their value." Therefore, whether you are optimistic about the economy or worried about the economy, Bitcoin may be your safe haven.

🗣 Conclusion:

In summary, Robert Kiyosaki’s concept of “money is Bitcoin and gold” reflects his concerns about traditional fiat currencies in times of economic instability.

He sees the economic crisis as an opportunity to get rich and firmly believes that gold, silver and Bitcoin can retain their value no matter whether the economy is good or bad.

In short, Kiyosaki's views provide investors with new ideas for finding sound investments amid economic fluctuations.

💬Do you agree with Kiyosaki’s point of view? Do you think Bitcoin can become a stable value-added tool amid economic fluctuations?See you in the comments section!

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#今日市场观点

Under the current economic pressure

Why doesn't China give money directly like the United States?

Differences in consumption habits: Americans spend, Chinese save

First, you can imagine, if you suddenly received a sum of money, how would you use it?

In the United States, most people will spend it immediately, for shopping, entertainment or paying bills. This is exactly what the US government wants to see, because this way it can stimulate economic growth. But in China, many people will choose to save the money or use it to repay debts, rather than spending it immediately. This is because Chinese people have stronger savings habits and are more worried about future uncertainties, such as medical and education expenses.

China is also "flooding", but where is the money going? Why doesn't it flow to the people?

1. Funds flow to enterprises and infrastructure first
The Chinese government's idea is to prioritize economic growth by increasing investment, especially in large infrastructure projects.

2. Priority is given to corporate loans, rather than direct money distribution
"Flooding" is more carried out through credit expansion, that is, providing low-interest loans to enterprises to promote economic activities.
Some of the money first flowed into the hands of enterprises, especially those large companies and state-owned enterprises.

3. Debt problem: A large amount of funds are used to repay debts
The "flooding" funds are actually used to repay past debts, especially in local governments and the real estate industry.

4. Rising asset prices, not consumer prices
More funds have entered the real estate, stock market and other investment products, rather than the market for daily consumer goods.
Real estate developers get loans, which drives up housing prices. If ordinary people buy houses, they will feel the price increase, but they do not directly benefit from these funds. On the contrary, ordinary people feel more pressure from rising asset prices, rather than an increase in cash on hand.

So when the United States issues money on a large scale, it is the time for Bitcoin to rise, because investors' consumption power has become stronger and they are worried about the depreciation of the US dollar.

For investors, understanding these economic logics can help us better predict the trend of the Bitcoin market #杰克逊霍尔年会 #美国CPI数据连续第4个月回落 #经济危机 #比特币

🌐 Taking a page from Trump's playbook? Venezuelan opposition leader proposes Bitcoin as a national reserve!

Recently, Venezuelan opposition leader María Corina Machado proposed a bold plan: to use Bitcoin as a national reserve asset. The idea is somewhat similar to former U.S. President Trump's recent proposal to support the creation of a national Bitcoin reserve.

💸 In an interview, Machado talked about Bitcoin's potential role in alleviating Venezuela's economic collapse. She pointed out that financial mismanagement in Venezuela under former President Hugo Chávez and current President Nicolás Maduro led to the collapse of the country's currency, the Bolívar.

📉 Machado mentioned that Venezuela's currency, once relatively stable, has depreciated significantly, with inflation at 1.7 million percent and the price of basic goods doubling almost every two days. Since 2016, inflation has exceeded 8 million percent, causing millions of Venezuelans to flee the country.

🏦 Machado believes that during times of hyperinflation, many Venezuelans see Bitcoin as a "lifeline" and use it to protect their wealth. She described Bitcoin as a humanitarian tool and an important means of resisting economic crises. In the "new democratic Venezuela" she envisions, Bitcoin is key to rebuilding the country's wealth, helping poor citizens, and ensuring property rights.

💡 She also emphasized that Bitcoin donations cannot be seized in Venezuela and are a key element of the peaceful transition movement. She advocated for the use of Bitcoin technology to promote much-needed changes in Venezuela.

🤔 While Machado's proposal does not directly mention Trump, there are clear similarities between the two. Trump previously said that establishing a national Bitcoin reserve could serve as a strategic reserve asset and is crucial to solving the United States' national debt problem.

💬 What do you think of Machado's proposal and the role of Bitcoin in the national economy? Share your views in the comments section!

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Musk's fiscal warning shook Wall Street, and the national debt crisis triggered a market storm!

1. "Bankruptcy Alert": Musk's warning triggered a fiscal turmoil
On Twitter, Musk, like a financial godfather who was unwilling to hide the truth, bluntly stated that the U.S. economy was on the "edge of the cliff." He stirred the lake of public opinion with data showing that the proportion of federal debt interest to personal income tax was already shockingly high. This statistic was like a bomb thrown at the Capitol, triggering widespread concerns about the country's fiscal situation.

2. The "Financial War" of the Founder of Dogecoin
Billy Marks' criticism of fiscal management provided the fuse for Musk's prediction. The co-founder of Dogecoin criticized the financial situation of the U.S. government with his "digital currency perspective" and pointed out loopholes and improper management in fiscal policy. Marks' words seemed to fuel the "old account book" of fiscal policy, making Musk's warning more timely.

3. The "truth bomb" of economists
Quoting the research of economist E.J. Anthony, Musk opened the curtain of fiscal transparency in front of the public. Anthony's data reveals a disturbing fact - the country's debt interest accounts for the vast majority of personal income tax, which makes people wonder whether the country's finances have reached the critical point of crisis. Such a financial situation makes people wonder: Is the pillar of the US economy beginning to crumble?

4. Concerns about the future: the "turning point" of fiscal policy
Musk's prediction not only triggered widespread discussion about US fiscal policy, but also made the national debt issue the focus of public attention. In the face of rising national debt and fiscal deficits, the future economic direction seems confusing. As one economist said: "On the road of fiscal management, does the United States need a new 'navigator' to recalibrate the direction?"#以太坊ETF批准预期 #美国大选如何影响加密产业？ #拜登退选 #山寨季何时到来？ #经济危机 $BTC $ETH $SOL

#经济危机
Recently, the Internet is full of various arguments about economic downturn, some say one or two years, and some say three to five years, all of which are "reminding" everyone to be prepared. To be honest, these topics are useful for the rich, but for ordinary people, they have no practical significance at all. What can they prepare for? This is reality.
Economic downturn and productivity decline are two different things, and there is no positive correlation at all. If GDP growth slows down, will cars and mobile phones not be produced? As long as productivity is still advancing and technology is progressing, there will be no shortage of daily necessities that everyone needs, and we are not a capitalist society, and important things are all public.
As long as you are not completely lying down and are still healthy, cars, houses, and debts can't hurt you. At most, they will make you more mentally stressed. If you become more mentally stronger in the process, you may be able to make a comeback. As long as there is no war, the prospects for China's economy must be bright.
$BTC