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Robert Kiyosaki, Author of Rich Dad Poor Dad, Believes in Crypto's Future, Calls Fiat Money 'Toast.
$BTC
#WebGTR #RobertKiyosaki #RichDadPoorDad #crypto #bitcoin
$BTC
#WebGTR #RobertKiyosaki #RichDadPoorDad #crypto #bitcoin
Robert Kiyosaki.
Q: Are you a Bitcoin Bull?
A. Yes. Bitcoin is the perfect asset at the right time. I love Bitcoin. Wish I had bought more earlier.
Q: Is it possible that Bitcoin is a scam, a Ponzi scheme?
A: Yes. It is possible Bitcoin is a scam and a Ponzi scheme.
Q: Aren’t you concerned?
A: Yes I am. Yet Bitcoin is not any more of a scam or a Ponzi scheme than the US Dollar, Euro, Yen, or any other “fake” or fiat currency.
Q: Are you saying the US dollar and other fiat currencies are scams?
A: Yes. Giant Ponzi schemes. All the US dollar is, is an IOU from America.
Q: What are you concerned about?
A: Our US political, banking, and financial leaders. They are incompetent or corrupt or both
Our leaders have no idea how to control the growing US government debt and US bond market, and over inflated stock market.
America is broke printing $1 trillion every 90 daysjust to pay its bills. They should resign, be fired, impeached, or put in jail. All should have their college tuitions refunded. Obviously they learned nothing in school about money, ethics, honest, or morality.
They have ripped off the American people and people of the world.
Q: Why are you optimistic about Bitcoin?
A: Metcalf’s Law. Metcalf’s Law is a law about the power of “networks.” Bitcoin, like the US dollar, cell phone net works, and net work marking business such as Amyway gain thie core value from the strength of their network system. Thats the reason Metcalf’s Law is important and why I am bullish about Bitcoin and the US dollar.
Bitcoin has a strong network.
Most “new crypto-coins ” come off of the Ethereum platform. How many will do as well as Bitcoin only time will tell? Most will die because they fail Metcalf’s Law, they fail to build a network.
That would like you belonging to a cell phone network with only you.
Q: Can networks be attacked?
A: Yes. The US dollar network is constantly under attack from Russia and China’s BRICS, Belt and Road currency net work.
Q: Who will win?
A: The stronger network BRICS vs $ USA will win.
Q: What do you advise?
A: The same as I have always advised. “Do not save fake fiat dollars. Save real gold or silver coins or Bitcoin.”
Nothing I have been saying has changed. I follow my own advice.
As I stated 27-years ago in my book Rich Dad Poor Dad, “Savers (of fake money)” are losers. “
Please do not be a loser.
Save real gold coins, real silver coins, and real Bitcoins.
Q: Can Bitcoin go to zero?
A: Yes. It is possible just as it is possible for the US dollar, Aussie dollar, Englands pound sterling, Japan’s yen and any country’s fiat (fake) currencies can go to zero. In fact history proves thousands of fake currencies have already gone to fiat money grave yards.
That is why for years I have been saying “Save gold, silver, and Bitcoin.”
Today, not only do I own gold and silver US gold and silver Eagles…I own gold and silver mines. Diversification is very important.
I do not mine Bitcoins.
Q: Anyone else do you recommend I should seek advice about Bitcoin from?
A: Yes. There are many. These are a few I respect: Ral Paoul, Lawrence Lepard, Jeff Booth, Mark Moss, Anthony Pompliano and more.
Most important is for you to find your own answers.
Take care.
Robert Kiyosaki.
#RichDadPoorDad
A. Yes. Bitcoin is the perfect asset at the right time. I love Bitcoin. Wish I had bought more earlier.
Q: Is it possible that Bitcoin is a scam, a Ponzi scheme?
A: Yes. It is possible Bitcoin is a scam and a Ponzi scheme.
Q: Aren’t you concerned?
A: Yes I am. Yet Bitcoin is not any more of a scam or a Ponzi scheme than the US Dollar, Euro, Yen, or any other “fake” or fiat currency.
Q: Are you saying the US dollar and other fiat currencies are scams?
A: Yes. Giant Ponzi schemes. All the US dollar is, is an IOU from America.
Q: What are you concerned about?
A: Our US political, banking, and financial leaders. They are incompetent or corrupt or both
Our leaders have no idea how to control the growing US government debt and US bond market, and over inflated stock market.
America is broke printing $1 trillion every 90 daysjust to pay its bills. They should resign, be fired, impeached, or put in jail. All should have their college tuitions refunded. Obviously they learned nothing in school about money, ethics, honest, or morality.
They have ripped off the American people and people of the world.
Q: Why are you optimistic about Bitcoin?
A: Metcalf’s Law. Metcalf’s Law is a law about the power of “networks.” Bitcoin, like the US dollar, cell phone net works, and net work marking business such as Amyway gain thie core value from the strength of their network system. Thats the reason Metcalf’s Law is important and why I am bullish about Bitcoin and the US dollar.
Bitcoin has a strong network.
Most “new crypto-coins ” come off of the Ethereum platform. How many will do as well as Bitcoin only time will tell? Most will die because they fail Metcalf’s Law, they fail to build a network.
That would like you belonging to a cell phone network with only you.
Q: Can networks be attacked?
A: Yes. The US dollar network is constantly under attack from Russia and China’s BRICS, Belt and Road currency net work.
Q: Who will win?
A: The stronger network BRICS vs $ USA will win.
Q: What do you advise?
A: The same as I have always advised. “Do not save fake fiat dollars. Save real gold or silver coins or Bitcoin.”
Nothing I have been saying has changed. I follow my own advice.
As I stated 27-years ago in my book Rich Dad Poor Dad, “Savers (of fake money)” are losers. “
Please do not be a loser.
Save real gold coins, real silver coins, and real Bitcoins.
Q: Can Bitcoin go to zero?
A: Yes. It is possible just as it is possible for the US dollar, Aussie dollar, Englands pound sterling, Japan’s yen and any country’s fiat (fake) currencies can go to zero. In fact history proves thousands of fake currencies have already gone to fiat money grave yards.
That is why for years I have been saying “Save gold, silver, and Bitcoin.”
Today, not only do I own gold and silver US gold and silver Eagles…I own gold and silver mines. Diversification is very important.
I do not mine Bitcoins.
Q: Anyone else do you recommend I should seek advice about Bitcoin from?
A: Yes. There are many. These are a few I respect: Ral Paoul, Lawrence Lepard, Jeff Booth, Mark Moss, Anthony Pompliano and more.
Most important is for you to find your own answers.
Take care.
Robert Kiyosaki.
#RichDadPoorDad
#RichDadPoorDad author Robert #Kiyosaki says America is #bankrupt . #debtceiling #default
https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-says-america-is-bankrupt-amid-us-debt-crisis/
https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-says-america-is-bankrupt-amid-us-debt-crisis/
Robert Kiyosaki, renowned author of 'Rich Dad Poor Dad,' has cautioned against investing in Bitcoin Exchange Traded Funds (ETFs). Labeling Bitcoin ETFs as 'fake Bitcoin,' Kiyosaki advocates for direct investment in actual Bitcoin instead.
Kiyosaki adheres to Warren Buffet's buy-and-hold strategy, revealing that he purchases Bitcoin every month. However, he did not disclose specific details about his investment strategy or the amount he buys.
His warning comes at a time when many investors are turning to Bitcoin ETFs to gain exposure to the cryptocurrency market without directly owning or managing digital assets. Kiyosaki's comments highlight his belief that direct investment in Bitcoin offers a more authentic and potentially more profitable opportunity for investors.
#Bitcoin❗ #CryptoNewss #CryptoNewsCommunity #RichDadPoorDad #BitcoinETFUpdate
Kiyosaki adheres to Warren Buffet's buy-and-hold strategy, revealing that he purchases Bitcoin every month. However, he did not disclose specific details about his investment strategy or the amount he buys.
His warning comes at a time when many investors are turning to Bitcoin ETFs to gain exposure to the cryptocurrency market without directly owning or managing digital assets. Kiyosaki's comments highlight his belief that direct investment in Bitcoin offers a more authentic and potentially more profitable opportunity for investors.
#Bitcoin❗ #CryptoNewss #CryptoNewsCommunity #RichDadPoorDad #BitcoinETFUpdate
6 Tips from Rich Dad:🔥🔥🔥 👇
• Learn to listen 🎧
• Control your emotions 😌
• Don't sweat the small stuff 💼
• Save 10% of your income 💰
• Treat yourself after saving 🛍️
• Surround yourself with smarter people 🧠
👉 Always Remember this 👇
1. The journey of Life is strange. You come with nothing & fight for everything & in the end you leave every thing & go with nothing. Choose to be happy with whatever you have.
2. Start unknown, finish unforgettable.
3. You cannot change anyone, but you can be the reason someone changes.
4. Always be careful when you follow the masses. Sometimes the ‘m’ is silent.
5. When it comes to luck, you make your own.
6. Whatever you want to do, do it now. There are only so many tomorrows.
7. Focus on the step in front of you not the whole staircase.
8. If you get tired, learn to rest not to quit.
Follow For More 🥰
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
#RichDadPoorDad #robertkiyosaki #tipsandtricks #TipsForBeginners #realmabbaskhan
• Learn to listen 🎧
• Control your emotions 😌
• Don't sweat the small stuff 💼
• Save 10% of your income 💰
• Treat yourself after saving 🛍️
• Surround yourself with smarter people 🧠
👉 Always Remember this 👇
1. The journey of Life is strange. You come with nothing & fight for everything & in the end you leave every thing & go with nothing. Choose to be happy with whatever you have.
2. Start unknown, finish unforgettable.
3. You cannot change anyone, but you can be the reason someone changes.
4. Always be careful when you follow the masses. Sometimes the ‘m’ is silent.
5. When it comes to luck, you make your own.
6. Whatever you want to do, do it now. There are only so many tomorrows.
7. Focus on the step in front of you not the whole staircase.
8. If you get tired, learn to rest not to quit.
Follow For More 🥰
👍 — if you agree!
❤if you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. thanks 🙏
#RichDadPoorDad #robertkiyosaki #tipsandtricks #TipsForBeginners #realmabbaskhan
💥💥💥 ‘Rich Dad’ R. #Kiyosaki warns ‘biggest crash in history’ imminent
Robert Kiyosaki, renowned investor and author of the best-selling book #RichDadPoorDad , shared a dramatic prediction on X on the evening of July 3. According to Kiyosaki, technical charts suggest that the "biggest crash in history" is imminent, forecasting a significant collapse in the value of various assets, including stocks, real estate, commodities, and #Cryptocurrencies like #bitcoin☀️ (BTC).
Kiyosaki’s warning aligns with his longstanding view that the current financial system is unstable and poised for a major breakdown. While other experts have also hinted at a possible recession, partly due to concerns over an AI-induced bubble, Kiyosaki remains particularly critical of fiat currencies. In his July 3 post, he compared current fiat systems to historical failures, referencing the Weimar Republic's Reichsmark and the Zimbabwe dollar, both known for their extreme instability and hyperinflation.
Despite his grim outlook, Kiyosaki also offered a message of hope. He believes that while a major crash may be on the horizon, a substantial recovery will follow. Kiyosaki remains bullish on Bitcoin, gold, and silver, predicting that these assets will offer substantial rewards to investors who stay the course.
Looking ahead, Kiyosaki is optimistic about the potential for these assets to surge in value. He speculates that Bitcoin could reach $10 million per coin, gold might rise to $15,000 per ounce, and silver could hit $110 per ounce. Currently, Bitcoin is priced at $58,077, gold at $2,355, and silver at around $30.
#BinanceSquareBTC
Robert Kiyosaki, renowned investor and author of the best-selling book #RichDadPoorDad , shared a dramatic prediction on X on the evening of July 3. According to Kiyosaki, technical charts suggest that the "biggest crash in history" is imminent, forecasting a significant collapse in the value of various assets, including stocks, real estate, commodities, and #Cryptocurrencies like #bitcoin☀️ (BTC).
Kiyosaki’s warning aligns with his longstanding view that the current financial system is unstable and poised for a major breakdown. While other experts have also hinted at a possible recession, partly due to concerns over an AI-induced bubble, Kiyosaki remains particularly critical of fiat currencies. In his July 3 post, he compared current fiat systems to historical failures, referencing the Weimar Republic's Reichsmark and the Zimbabwe dollar, both known for their extreme instability and hyperinflation.
Despite his grim outlook, Kiyosaki also offered a message of hope. He believes that while a major crash may be on the horizon, a substantial recovery will follow. Kiyosaki remains bullish on Bitcoin, gold, and silver, predicting that these assets will offer substantial rewards to investors who stay the course.
Looking ahead, Kiyosaki is optimistic about the potential for these assets to surge in value. He speculates that Bitcoin could reach $10 million per coin, gold might rise to $15,000 per ounce, and silver could hit $110 per ounce. Currently, Bitcoin is priced at $58,077, gold at $2,355, and silver at around $30.
#BinanceSquareBTC
