Famous financial expert Robert Kiyosaki, author of the rich father poor Baba, evaluated the Bitcoin price decrease. Kiyosaki sees this decline as an opportunity to make more purchases. In addition, Kiyosaki blames the US money system and debt crisis for economic instability. Kiyosaki’s sharing led to mixed reactions, some supported Bitcoin, while others preferred gold and silver.
Robert Kiyosaki took a decline: the problem is not Bitcoin…
Robert Kiyosaki, the famous author of the rich father, poor Baba, confirmed his support to Bitcoin after the last price drop. In a post published in X, Kiyosaki stated that Bitcoin was on sale and announced that he bought more. Kiyosaki expressed his feelings because the price of Bitcoin was the last to 82 thousand dollars today, which is a low point in November 2024. However, Kiyosaki attributed this decline to Bitcoin himself, not a wider financial instability. “The problem is not Bitcoin. The problem is our money system and guilty bankers. Kiy Kiyosaki wrote.
Accordingly, social programs, including $ 230 trillion dollars, claimed that the US debt to risk the economy warned. If foreign countries such as Japan and China stop receiving US bonds, he believes that inflation will increase and lead to the collapse of the dollar.
The crypto community was divided into two in Kiyosaki’s sharing
Kiyosaki’s comments led to controversy between investors and traders. Supporters repeated his concerns about Kiyosaki’s nominal currency and praised Bitcoin’s long -term potential. Solix Trading accepted Bitcoin’s volatility, but pointed out that many investors see him as a guarantee against an unsuccessful financial system. Brett Wilmot stressed that those who devote time to investigate Bitcoin will see their true importance and make short -term price fluctuations less anxious.
Matthew Ferris, on the other hand, argued that Bitcoin was not the right being to be held during the economic uncertainty. He argued that gold, silver and other fixed assets were more reliable. Chad Boston also showed a different stance and suggested that XRP could be a better alternative.
Despite the price decrease, the foundations of Bitcoin (BTC) are strong!
Despite Bitcoin’s fall, some analysts believe that their foundations remain strong. Analyst Bitcoin falls and enters the bear market area. Nevertheless, the foundations remain the same, although they are not stronger than ever, ”he commented.
In particular, the Bitcoin price fell to the lowest level of 120 days yesterday with the breeding tendency of sales in US technology shares. Market data also show that a long -term sales frenzy between Bitcoin ETFs can climb the BTC price decrease trend even more.
