Robert Kiyosaki believed in bitcoin and recommends buying it
Kiyosaki named bitcoin "currency for people"
Invest in cryptocurrencies, not fiat money
Cryptocurrencies are the choice of the younger generation
International consortium of news organizations developing transparency standards.
Renowned American investor and author of the bestselling books Rich Dad Poor Dad and Cash Flow Quadrant Robert Kiyosaki backed cryptocurrencies and called bitcoin a “currency for the people.” Such a post appeared on Kiyosaki’s personal Twitter page..
Lesson 5. SAVE MONEY: RU NUTS? Why save money when QE FED counterfeiting is printing trillions of fake dollars- $ 82 billion a month to $ 125 billion a day? Why save when ZIRP, zero interest policy pays losers zero? Save gold-god’s money or Bitcoin-people’s money.
– therealkiyosaki (@theRealKiyosaki) April 1, 2020
In particular, he calls for saving money in the face of the global financial crisis caused by the coronavirus epidemic. And, according to the investor, savings should be kept not in fiat currency, but in bitcoins.
A few months ago, Kiyosaki created several tutorials on personal finance, in which he named bitcoin as the most valuable investment asset. As Kiyosaki teaches, investing in bitcoin is needed today to achieve financial freedom and independence.
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As Kiyosaki says, cryptocurrency has a number of advantages, and most importantly, it can generate money quickly..
Another well-known investor and crypto enthusiast Tim Draper has repeatedly expressed a similar opinion. He has repeatedly reported that the existing banking system has outlived its usefulness. High interest rates for using bank cards and payment fees make the financial system ineffective. It is much more convenient and profitable to use cryptocurrencies both as a means of payment and as an investment asset.
According to Draper, the next few decades will erase the financial boundaries in the world. With the help of blockchain and cryptocurrencies, people will be able to pay for goods and services anywhere in the world using a mobile application. In this case, transactions will be free or have a minimum commission. Users will not need to convert one currency to another. Cryptocurrencies will become a global means of payment. Therefore, already now, generation Z and the generation of millennials should start actively investing in bitcoin in order not to have financial problems in the future..
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