The author of the best-selling book “Rich Dad Poor Dad” and entrepreneur Robert Kiyosaki recalled the limited issue of the first cryptocurrency.
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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
“I love gold and silver. […] The problem with gold and silver is that the more expensive they become, the more they are found. “It’s the same with oil,” the investor wrote.
According to him, the situation is fundamentally different for Bitcoin. Regardless of the rise in the price of digital gold, its emission is limited to 21 million BTC. This is why Kiyosaki “loves” the first cryptocurrency.
In January, against the backdrop of the approval of spot Bitcoin ETFs in the United States, Kiyosaki announced an imminent increase in the price to $150,000. The entrepreneur called for exchanging “fake dollars” for gold, silver and the first cryptocurrency.
He later explained that he views Bitcoin as a “protection against the theft of savings” by governments and bankers through inflation, taxes and manipulation of stock prices. For this reason, he prefers to invest in digital gold and encourages others to do the same.
In September 2022, Kiyosaki recommended buying Bitcoin and other cryptocurrencies ahead of the “largest economic crash in history.” In November, he reaffirmed his commitment to digital gold despite the collapse of FTX.
In March 2023, the entrepreneur called for investing in Bitcoin and precious metals amid problems with regional American banks. He repeated his recommendations in April and May.
In September, Kiyosaki said that it was necessary to invest in Bitcoin before the launch of the digital dollar in the United States. Previously, he criticized the idea of CBDC.
Recall that in March 2024, an investor predicted that Bitcoin would rise to $300,000 this year.
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2024-03-16 08:14:41
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