Bitcoin

Robert Kiyosaki is Investing in Bitcoin

Robert Kiyosaki is an American entrepreneur and author best known for his book “Rich Dad Poor Dad,” which has sold millions of copies worldwide. Kiyosaki is a vocal advocate for financial education and has been a strong supporter of Bitcoin and other cryptocurrencies.

According to Kiyosaki’s recent tweet, Bitcoin is classified as a commodity much like gold, silver, and oil. Most crypto tokens are classified as a security and SEC regulations will crush most of them. That’s why he will be buying more bitcoin.

In a recent interview, Kiyosaki stated that he believes Bitcoin is the currency of the future and that it has the potential to replace fiat currency as the dominant form of money. He points to the increasing monetary debasement and inflation of fiat currencies, such as the US dollar, as evidence that Bitcoin could become a more stable and reliable form of money.

Kiyosaki is also a strong believer in the potential of blockchain technology, which underlies Bitcoin and other cryptocurrencies. He believes that blockchain has the potential to revolutionize a number of industries, including finance, real estate, and even healthcare.

Kiyosaki has faced some criticism for his views on Bitcoin and other cryptocurrencies, with some people arguing that they are too risky or volatile to be considered a viable investment. However, Kiyosaki has stood by his belief that Bitcoin and other cryptocurrencies have the potential to be a game-changing technology that could significantly impact the financial world.

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at june@thecoinspost.com or contact her on Twitter @JuneTBauer1

Recent Posts

Firefox Add-ons Store Hit by Massive Wave of Fake Wallet Extensions

Researchers uncovered coordinated campaign of over 40 malicious Firefox extensions. These add‑ons mimic trusted… Read More

1 week ago

French Police Arrest Crypto Kidnappers After Finger Cutting

Paris, France – French police arrested several suspects this week tied to disturbing May… Read More

1 month ago

PayPal USD Plans to Use Stellar for New Use Cases

PayPal just announced big plans for its stablecoin. The company wants to bring PayPal USD… Read More

1 month ago

Binance Delists Four Major Cryptocurrencies: What You Need to Know

Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More

1 year ago

LocalMonero Announces 6-Month Shutdown Plan

LocalMonero, the peer-to-peer exchange platform for the privacy-focused cryptocurrency Monero (XMR), will be shutting down… Read More

1 year ago

Telecom Giant Vodafone Bringing Crypto to the Masses Via SIM Cards

The major telecom company Vodafone has unveiled an ambitious plan to integrate cryptocurrency wallets directly… Read More

1 year ago