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 priceless
Robert 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 news
There’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.