Known as Bitcoin advocate Robert KiyosakiHe repeated his call that the US government is preparing for a major economic collapse as long as it continues to print dollars.
Robert Kiyosaki stated in his post that he will participate in a podcast that will be broadcast this Friday, and that he will talk about “how to be successful” and “the lies the USA tells about the failed economy and printing fake money.” gave.
Daniella Gambone left KItco and Stansberry Research to go out on her own. She is a brilliant woman. I was honored to be on her first podcast. Her first show airs this Friday. Please join us as we discuss how to thrive and learn about the lies the US is telling about the failing…
— Robert Kiyosaki (@theRealKiyosaki) November 15, 2023
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In a tweet earlier this week, Robert Kiyosaki drew attention to the fact that central banks of various countries have started buying gold (criticizing the US Federal Reserve, for example). The financial guru noted that this in no way indicates that fiat money is now safe. He claims that central banks are buying gold to save themselves from their own incompetence.
Safe haven assets that can protect ordinary investors from “central bankers” are gold, silver and Bitcoinis. In their tweets, some members of the crypto community also stated that Litecoin and XRP could be good options when it comes to cryptocurrencies. But Kiyosaki didn’t mention altcoins, not even Ethereum. The financial guru only mentioned Bitcoin in his tweets, urging people to buy it.
Central Banks like the Fed are buying gold. Does this mean fiat money is safe? Hell no! Central Bankers are saving themselves from their own incompetence, that’s why they bought gold. Their job is to protect the banks not you. Get smart. Protect yourself from Central Bankers: Save…
— Robert Kiyosaki (@theRealKiyosaki) November 11, 2023
As Koinfinans.com reported, Cathie Wood, CEO of Ark Invest and Bitcoin supporter, made a striking price prediction and expected BTC to rise as high as $600,000.
The famous investor made this statement on Yahoo! He did it during an interview with Finance. Wood believes that BTC will eventually reach this predicted price because its strength is due to its scarcity and the huge interest that financial institutions have developed in BTC recently.
Ark Invest was among the institutions that filed with the SEC this year for a Bitcoin spot ETF. In fact, Ark Invest was the first to do this, and the deadline for a decision on this issue has been extended by the regulator until next year. However, some experts believe the SEC could approve a BTC spot ETF as early as this year or as early as January. There are currently about a dozen applications on the regulator’s desk, including those from Ark Invest, BlackRock, VanEck, Grayscale and other institutions.
The crypto community is expecting a massive rally in Bitcoin price once the Bitcoin spot ETF is given the green light.