Fun

Robert Kiyosaki Says He Likes Bitcoin — Calls BTC ‘People’s Money’

News Feed - 2023-02-06 10:02:10

Robert Kiyosaki Says He Likes Bitcoin — Calls BTC "People"s Money"


The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he likes bitcoin, calling the cryptocurrency “people’s money.” While admitting that he does not know much about bitcoin, he said: “I’m just glad I bought it at six.” Robert Kiyosaki Says Bitcoin Is ‘People’s Money’


The author of Rich Dad Poor Dad, Robert Kiyosaki, talked about bitcoin while discussing “Why cash is trash in 2023” during his Rich Dad Radio Show podcast published on Wednesday. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.


During the podcast, Kiyosaki called gold, silver, and bitcoin “the hottest subject on the market today,” noting that real estate is no longer a hot topic. Emphasizing that the U.S. dollar is “fake money,” the famous author said: I like Bitcoin. I call it people’s money. Now I don’t know much about Bitcoin, but I’m just glad I bought it at six. That’s all I know right now.


Kiyosaki previously said he bought bitcoin at $9K. “I bought bitcoin at $9,000 and I thought I was being fleeced but the reason I bought it at $9,000 was because Covid shut down the world economy,” he told Kitco News in April 2021. “I think it’s going to $1.2 million in five more years,” he predicted at the time.


The Rich Dad Poor Dad author recently said that he is buying more BTC. Last year, he explained why he invests in bitcoin, noting that he’s an investor, not a trader, so he gets excited when the price of bitcoin hits a new low.


Kiyosaki has been recommending bitcoin alongside gold and silver for quite some time. Last week, he discussed why the three investments are rising higher.


He expects bitcoin investors to get richer when the Federal Reserve pivots and prints trillions of dollars. In September last year, he urged investors to get into crypto now before the biggest economic crash in world history happens. However, he also warned that the U.S. Securities and Exchange Commission (SEC) will crush most cryptocurrencies.


Meanwhile, the renowned author said that “we are in global recession,” warning of soaring bankruptcies, unemployment, and homelessness. Tags in this story bitcoin people’s money, Rich Dad Poor Dad Bitcoin, robert kiyosaki, robert kiyosaki bitcoin, Robert Kiyosaki bitcoin recommendation, Robert Kiyosaki BTC, robert kiyosaki crypto, robert kiyosaki cryptocurrency, Robert Kiyosaki likes bitcoin


What do you think about Robert Kiyosaki saying he likes bitcoin and calling the cryptocurrency “people’s money”? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. JPMorgan: 72% of Institutional Traders Surveyed "Have No Plans to Trade Crypto" FEATURED | 9 hours ago Billionaire Ray Dalio Says Bitcoin Isn"t an Effective Money, Store of Value, or Medium of Exchange FEATURED | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleJPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’ Next articleIndia to Introduce Measures Around Crypto This Year, Says Government Official Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItSEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale


Grayscale Investments" CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is "a Matter of When and Not ... read more.Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

News Feed

Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report
Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report Stock trading and investing app Robinhood has reportedly been testing new features, including a cry
Bitcoin Open Interest Soars As Top Crypto Breaks $76,000 – Details
Este artículo también está disponible en español. Bitcoin has achieved new highs, surpassing $76,000 for the first time in history. This spike follows Donald Trump’
Bitcoin analysts agree that BTC has ‘a lot further to run’
Nancy Lubale2 hours agoBitcoin analysts agree that BTC has ‘a lot further to run’Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete.2080 Total views2 Total sharesMarket
Reported First Real Estate Purchase Made With Bitcoin in Chile
Reported First Real Estate Purchase Made With Bitcoin in Chile Yuval Ben Haym, regional manager of Remax, a real estate firm that operates worldwide, has announced that the “
Altcoin Alert: Expert Reveals Hottest Opportunities For The Summer Season
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin w rezerwie USA, a Bitcoin Hyper przyspiesza jego rozwój
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Indian Government to Make Additional Changes to Crypto Bill: Report
Indian Government to Make Additional Changes to Crypto Bill: Report The Indian government is reportedly making additional changes to the country’s crypto bill. The bill, whi
Nigeria’s foreign investment at risk due to Binance bribery allegations
Amaka Nwaokocha37 minutes agoNigeria’s foreign investment at risk due to Binance bribery allegationsSBM Intelligence emphasized that detaining foreign business officials could make it challenging for the country to att
US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse
US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC)
Vulcan Forged Lists on AscendEX
Vulcan Forged Lists on AscendEX press release PRESS RELEASE. Global cryptocurrency financial platform, AscendEXis proud to announce the listing of the Vulcan Forged token (PYR) unde
Solana price hits a wall at $150 as several headwinds intensify
Marcel Pechman3 hours agoSolana price hits a wall at $150 as several headwinds intensifySOL price struggles to gain upward traction as DApp volumes plunge, spot ETF odds dwindle, and memecoins fail to rally.519 Total vie
How can NFTs transform daily life?
Anthony Georgiades11 hours agoHow can NFTs transform daily life?By now, hearing "NFT” in any context evokes some sort of reaction — good or bad.672 Total views4 Total sharesListen to article 0:00Innovation Circl