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Author Topic: Robert Kiyosaki believes in Bitcoin  (Read 729 times)
thesmallgod (OP)
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April 02, 2020, 11:10:34 AM
Merited by bitmover (2), Reid (1)
 #1





The popular American Businessman and author share his opinion urge people to save gold, silver, and bitcoin

What is your take?

https://twitter.com/theRealKiyosaki/status/1245603928860844033
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April 02, 2020, 11:14:25 AM
 #2

Not only that, there are many people and businessmen who believe in Bitcoin. In my opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life

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April 02, 2020, 11:21:26 AM
 #3

Not only that, there are many people and businessmen who believe in Bitcoin. In my opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life

Hah! Bill Gates? You'll never hear him say "get Bitcoin". It's against his view of the world - we all know how much he wants to get control and power over literally anything possible.

I guess most businessmen don't agree with the idea of BTC being a real store of value because they're globalists and they want power, centralization etc.. I'd be pretty surprised if they change their public view over cryptocurrencies.
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April 02, 2020, 11:23:43 AM
 #4

I think bitcoin is now becoming a solid hedge fund. From what I can see with the current marked up of the economy. Recession is a bigger killer, and countries affected by the crisis see that now. Why Italy, suddenly allowing their bank trade bitcoin? Why some celebrities and known personnel becoming inclined towards btc? As much as we can, bitcoin are now one of the strong backup aside from gold. Im not rich to buy many, but Edward Snowden is right. There is a good opportunity in bitcoin especially on the time like this. Get some, you know.

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April 02, 2020, 01:09:23 PM
 #5

It doesn’t really matter what public figures think, bitcoin is decentralized & is beginning to gain more & more users as we edge towards mainstream adoption. Obviously if public figures speak positively about bitcoin it’s not a bad thing.

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April 02, 2020, 01:51:44 PM
 #6

Bitcoin is indeed being spoken of at many places. Lately I saw a video where the host propose bitcoin to be used as payment method for this pandemic since Cash is a medium to spread more of the Corona Virus. I saw people talking on this forum that bitcoin should be used instead of fiat to tackle the current pandemic and economic shutdown. I do believe that we should save our bitcoins since even if this pandemic is over without involving bitcoin then I guess investors would prefer to buy bitcoin as a safe haven investment.

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April 02, 2020, 02:06:08 PM
 #7

Robert Kiyosaki has been "advocating" for bitcoin for a while already lol: https://www.youtube.com/watch?v=ysFi-IWAARc

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April 02, 2020, 02:34:08 PM
 #8

Look that even a popular and famous business man is currently using and supporting bitcoin as well as the cryptocurrency because they know the future of this and what would be the future of the currency because this will may eventually help them to regain their company ot business to the top so it would be a good practice of we will be able to just support bitcoin right now.

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April 02, 2020, 03:53:32 PM
 #9

It doesn’t really matter what public figures think, bitcoin is decentralized & is beginning to gain more & more users as we edge towards mainstream adoption. Obviously if public figures speak positively about bitcoin it’s not a bad thing.
Is it gaining users fast enough, though? Blockchain.com had a bit less than 3 million wallets created since the beginning of the year, so it's roughly 1 million wallets per month. The current number is 47 million. With 12 million wallets per year, we'll need 4.5 years to reach 100 million, which still is not that much if compared with the world population. I know that the 'one wallet=one user' assumption is quite wrong, but it seems clear from the current tendency that while adoption is definitely going up, the rate is too slow to talk about global adoption.
And as for this Kiyosaki guy, his reputation in the world of financial advice doesn't look too good since, as Wikipedia mentions:
Quote

Kiyosaki's company filed for bankruptcy in 2012
and
Quote
In 2007, the Ohio state Division of Real Estate and Professional Licensing issued a statement warning people against some of the illegal methods preached by Kiyosaki in his books and seminars
.

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April 02, 2020, 09:35:01 PM
 #10

I don't know about this dude but Kiyosaki has been notorious for preaching some illegal or frowned-upon trading schemes and practices for a while now, and him making a voice for bitcoin doesn't seem to be fitting nor inviting for those who already know the man's reputation. Either way, it's still one voice to be heard out in the open, though I kinda wanna think that he speaks for the clout and recognition, but not really on advocating much for bitcoin (just like what McAfee did back in the day.)
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April 02, 2020, 09:46:27 PM
 #11

I think that is the author of Rice Dad , Poor Dad. Is being long I read that though.This is nice to see people of such public figure commenting positive to investing on cryptocurrency. This will of course cause a positive drive to investment.
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April 02, 2020, 09:48:08 PM
 #12

On one hand Bitcoin is very likely a good long term investment, because there's still a huge chance for big FOMO-driven bull runs, and on the other hand it's still very volatile and doesn't react well to big crashes. This guy seems to be saying he usual "Bitcoin is a hedge against global economy blah-blah", which at this moment doesn't look very true. I wouldn't advice to invest in Bitcoin to everyone, I think it's only suitable for those who can tolerate high volatility and sit on their investment for years.
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April 02, 2020, 10:31:33 PM
 #13

good catch...
Robert's influence was enormous on millennials, I like every teaching he gives, really a big thinker. Bitcoin a few hours ago has already hit $ 7k, hopefully, in the next few weeks it will return to $ 10k.



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April 02, 2020, 11:17:18 PM
 #14

I think that is the author of Rice Dad , Poor Dad. Is being long I read that though.This is nice to see people of such public figure commenting positive to investing on cryptocurrency. This will of course cause a positive drive to investment.

Rich Dad Poor Dad is still the top most selling finance related book and almost all of new investors go through it as they start. The book though takes priorities and decisive note in some matters, is a well balanced advice for looking at investment opportunities. And bitcoin is certainly one of them. Illegal doesn't always mean unethical. Bitcoin has been outlawed and made legal again in many parts of world.
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April 03, 2020, 09:27:24 AM
 #15

That's the magic of BTCitcoin that builds trust. It's great that influential people like him join. Everything has been the product of our constancy. On Twitter, you can see many influencers and investors who support Bitcoin and crypto.

I still remember the first time I knew about Bitcoin and it was on Twitter and hardly Bitcoin had a price of ~ $500. It was a technology that I did not know and I did not pay attention to it. I won my first satoshis when the Bitcoin price was ~ $5000 in October 2017.


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April 03, 2020, 12:14:04 PM
 #16

I don't know about this dude but Kiyosaki has been notorious for preaching some illegal or frowned-upon trading schemes and practices for a while now, and him making a voice for bitcoin doesn't seem to be fitting nor inviting for those who already know the man's reputation. Either way, it's still one voice to be heard out in the open, though I kinda wanna think that he speaks for the clout and recognition, but not really on advocating much for bitcoin (just like what McAfee did back in the day.)
You said you don't know him well but you have not share any of the notorious trading schemes he has promoted. His book rich dad poor dad is one of all time best selling finance book for entrepreneur. Think Mr kiyo personality can't be compared to Mcafee
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April 03, 2020, 12:17:27 PM
 #17

Not only that, there are many people and businessmen who believe in Bitcoin. In my opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life

Hah! Bill Gates? You'll never hear him say "get Bitcoin". It's against his view of the world - we all know how much he wants to get control and power over literally anything possible.

I guess most businessmen don't agree with the idea of BTC being a real store of value because they're globalists and they want power, centralization etc.. I'd be pretty surprised if they change their public view over cryptocurrencies.
Bill Gate been talking about bitcoin on every news channel in 2014 2015 2016
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April 03, 2020, 12:29:39 PM
 #18

Robert Kiyosaki is very influential in terms of the best advice, in fact, his philosophy is spectacular, I have had the opportunity to read his books and they are really valuable, if he says that it is a good opportunity for gold and Bitcoin, he is the best Financial advisor that you can give these days, although in his latest interviews he stated that Bitcoin is a great investment but that the technology has not been updated yet, investors should have Bitcoin in their portfolios.

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Lucius
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April 03, 2020, 12:33:00 PM
 #19

Is he some important person in the USA, because I personally have never heard of him? From what he wrote in a tweet, it's easy to conclude that he anticipates the breakdown of the US financial system, and advises investing in gold, silver and of course Bitcoin. But obviously it wants to limit itself to the USA, because there are countries that have much larger debt to GDP, for example Japan with 234.18% or Greece with 181.78% and regardless of such a large debt these countries have not yet declared bankruptcy.

All those who think that the United States is about to collapse are wrong, because they started planning their survival after WWII, and they are in a much better position than at first glance. This Robert is only want some free PR, and I don't think it will help BTC in any way.

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samcrypto
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April 03, 2020, 12:38:51 PM
 #20

I always listen to my Rich dad as well and I’m sure he meant this one, save bitcoin so we can have a better life even if the market enters into a new recession. We can hear a lot of good advices from this guy and its worth to read almost all his books. Many influential person already made a good statement about bitcoin, the rise will still come for bitcoin because of this.

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