• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

Can Pepper Content Save The Creator Economy From The AI Monster?

March 24, 2023

Nothing Ear (2) review

March 24, 2023

Former Chef CEO joins Buildkite board; Salesforce hires Code.org exec – Startup

March 24, 2023
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Fintech»Robert Kiyosaki: I’m still bullish on Bitcoin — Crypto cannot be blamed for FTX collapse
Fintech

Robert Kiyosaki: I’m still bullish on Bitcoin — Crypto cannot be blamed for FTX collapse

November 29, 2022Updated:November 29, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Robert Kiyosaki: I
Share
Facebook Twitter LinkedIn Pinterest Email

 

By Kevin Helms

The well-known writer of the best-selling ebook Wealthy Dad Poor Dad, Robert Kiyosaki, remains to be bullish on bitcoin regardless of the collapse of crypto alternate FTX. He confused that the cryptocurrency can’t be blamed for the actions of former FTX CEO Sam Bankman-Fried.

Robert Kiyosaki Nonetheless Bullish on Bitcoin

The writer of Wealthy Dad Poor Dad, Robert Kiyosaki, mentioned the FTX collapse and bitcoin with visitor Mark Moss on the Wealthy Dad Radio Present which aired earlier this week.
Wealthy Dad Poor Dad is a 1997 ebook co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Instances Finest Vendor Checklist for over six years. Greater than 32 million copies of the ebook have been bought in over 51 languages throughout greater than 109 nations. Moss is a radio host and the writer of “Uncommunist Manifesto.”
After listening to Moss outlining the issues at FTX and quite a few fraudulent actions allegedly carried out by its former CEO Sam Bankman-Fried (SBF), Kiyosaki emphasised:

I’m nonetheless bullish on bitcoin … Bitcoin just isn’t the identical as Sam Bankman-Fried. It’s not bitcoin, it’s FTX that’s the issue.

Kiyosaki famous that bitcoin can’t be blamed for the autumn of FTX and Bankman-Fried in the identical method one can not blame silver if silver exchange-traded funds (ETFs) are mismanaged. He revealed that he owns plenty of silver and gold however doesn’t have any silver or gold ETFs.
The well-known writer referred to as FTX “one of many greatest scams in historical past.” He moreover described: “FTX is a Ponzi scheme the place they depended upon the funds from the subsequent silly buyers to finance it.” Regardless of the FTX fiasco and the next crypto market sell-offs, Kiyosaki reiterated:

As soon as once more, women and gents, I’m nonetheless in favor of bitcoin. I’m not in opposition to it as many individuals in my age group are as a result of I feel bitcoin is strong.

Kiyosaki has additionally been warning concerning the U.S. financial system. On Friday, he tweeted: “The world financial system just isn’t a ‘market.’ I consider [the] financial system is the largest bubble in world historical past.”
The famend writer has cautioned on a number of events that inventory, bond, and actual property markets are all crashing. He has urged buyers to purchase cryptocurrency now earlier than the largest crash in world historical past occurs.
Final week, Kiyosaki equally stated that bitcoin isn’t the issue within the meltdown of FTX. He referred to as Bankman-Fried the Bernie Madoff of crypto. He additionally lately clarified that he’s a bitcoin investor, not a dealer, and he will get excited when BTC hits a brand new backside.

 

See also  Standard Life parent invests £15m in Moneyhub

Hyperlink: https://information.bitcoin.com/robert-kiyosaki-im-still-bullish-on-bitcoin-crypto-cannot-be-blamed-for-ftx-collapse/

Supply: https://information.bitcoin.com



Source link

Bitcoin blamed bullish collapse Crypto FTX Kiyosaki Robert
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Is Crypto a Security? A US Judge Is About to Decide

March 21, 2023

Analysts caution that Silicon Valley Bank collapse could further cool declining VC market – Startup

March 18, 2023

SVB’s Collapse Is Causing Chaos in India’s Tech Sector

March 18, 2023

In Ukraine, Crypto Finds a Purpose

March 18, 2023
Add A Comment

Comments are closed.

Editors Picks

Diablo Immortal player spent $100K to build a character too powerful to match up against others

August 3, 2022

Top 15 point-of-sale and scheduling software for small businesses

July 26, 2022

Assassin’s Creed Valhalla update 1.5.3 is out

July 4, 2022

Rogers restores service for ‘vast majority’ of customers after massive outage

July 10, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Can Pepper Content Save The Creator Economy From The AI Monster?

Nothing Ear (2) review

Former Chef CEO joins Buildkite board; Salesforce hires Code.org exec – Startup

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2023 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.