Bitcoin, Gold and More Assets To Become Priceless, Robert Kiyosaki Says
It has been revealed the fact that financial expert Robert Kiyosaki said recently that Bitcoin, gold, and other important assets will become priceless. Check out the latest reports about this below. Bitcoin to become pri...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It has been revealed the fact that financial expert Robert Kiyosaki said recently that Bitcoin, gold, and other important assets will become priceless. Check out the latest reports about this below.
Bitcoin to become pricelessRobert Kiyosaki, the author of the popular book Rich Dad Poor Dad, has expressed his belief that certain assets, including Bitcoin (BTC), will become incredibly valuable due to the Federal Reserve’s plans for a new digital currency.
Kiyosaki, who has a significant following on X social media platform, warns his 2.4 million followers that the introduction of the Fed’s central bank digital currency (CBDC) will lead to a loss of privacy and increased surveillance.
He advises individuals to start investing in gold, silver, Bitcoin, and cash (GSBC) now, as they will become priceless assets in the future.
The Federal Reserve Bank of San Francisco has already begun hiring for positions relating to the research and development of a CBDC, indicating that this project is becoming a priority for the central bank.
Earlier this year, Republican Congressman Warren Davidson proposed a ban on CDBCs because he believes the government could use them to gain more control over the population.
Kiyosaki agrees and emphasizes the importance of investing in finite assets like gold, silver, and Bitcoin to protect against the negative effects of hyperinflation.
Contrary to popular belief, hyperinflation does not mean prices are going up; it means the value of money is decreasing. To avoid losing money, Kiyosaki urges people to invest in these assets and become winners instead of losers.
Bitcoin in the newsThere’s a warning from a crypto analyst that Bitcoin (BTC) may soon take off without providing traders with any more opportunities to enter at good prices.
Credible Crypto, who has over 346,000 followers on social media platform X, says that Bitcoin’s recent price movements may seem familiar to those of 2019, leading some traders to expect a significant correction after BTC’s strength.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Tether Signs Deal With Kazakhstan's Central Bank to Explore a Stablecoin and Tokenized Assets
Tether, issuer of the USDT stablecoin, will help Kazakhstan's central bank study a tenge-pegged token and put real-world assets on...
Tether signs MoU with Kazakhstan’s central bank to explore tenge stablecoins and tokenized assets
Kazakhstan's collaboration with Tether could enhance its fintech landscape, potentially boosting local currency integration in dig...
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
Bitcoin Magazine CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse Pro-crypto regulator Mike Selig has...
US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions
The US government moved about $470 million in seized crypto to likely Coinbase Prime addresses, according to Arkham, reviving ques...
Russia’s Sberbank Given Green Light to Custody Bitcoin
Bitcoin Magazine Russia’s Sberbank Given Green Light to Custody Bitcoin Russia’s largest bank has announced it is the first in the...
Bitcoin Falls Under $83,000 on Oil Spike, Rising US Borrowing Costs
Bitcoin Magazine Bitcoin Falls Under $83,000 on Oil Spike, Rising US Borrowing Costs Bitcoin’s price has plunged — with other asse...