Robert Kiyosaki: Bitcoin Will Become Priceless

the Fed's CBDC could pose a threat to privacy but could also lead to an increase in the value of gold, silver, Bitcoin, and cash. He believes that these assets could become "priceless" and suggests investing in them and saving now before it's too late.

Robert Kiyosaki: Bitcoin Will Become Priceless_65b964cd46ed7.jpeg

After the launch of the “FedNow” service in July, the instant payment infrastructure developed by the United States Federal Reserve, Robert Kiyosaki expressed concerns about its impact and urged his followers to invest in Bitcoin (BTC), gold, silver, and cash sooner rather than waiting too long.

Specifically, the author of the book “Rich Dad Poor Dad” stated that the introduction of the “FedNow” payment system is a preparation for the nationwide issuance of Central Bank Digital Currency (CBDC) by the Federal Reserve, according to a post on September 29.

According to Kiyosaki, if this indeed happens, the Fed’s CBDC could pose a threat to privacy but could also lead to an increase in the value of gold, silver, Bitcoin, and cash. He believes that these assets could become “priceless” and suggests investing in them and saving now before it’s too late.

FED CBDC coming. Privacy gone. Big Brother will be watching. When CBDC enters market Gokd, Silver, Bitcoin & Cash will become priceless. Start saving GSBC & cash now before it’s too late.

— Robert Kiyosaki (@theRealKiyosaki) September 29, 2023

The “FedNow” system officially went live on July 20, 2023, amidst criticism from various political figures in the United States, including Democratic Party presidential candidate Robert F. Kennedy Jr., who warned that CBDC could lead to “financial servitude and political domination.”

(100 votes)

5.0/5

(100 votes)

Latest

Crypto Market Faces Volatility Ahead Of Trump Tariff Pause Expiration

News | Editor Choice | Policy & Regulations

Crypto Market Faces Volatility Ahead of Trump Tariff Pause Expiration

The crypto market is entering a sensitive phase as the Trump tariff pause nears its end and nearly $15 billion in Bitcoin options are set to expire, putting significant pressure on investor sentiment.

Pi Coin Faces Selling Pressure Ahead Of Pi2day

News | Editor Choice | Pi Network

Pi Coin Faces Selling Pressure Ahead of Pi2Day

Ahead of the Pi2Day event on June 28, Pi Coin is under strong selling pressure while Pi Network announces a series of new updates, including the KYC Sync feature and upgrades to the Pi Browser aimed at improving user experience and accelerating the transition to Mainnet.

Bitcoin Could Drop To $100,000 Soon

Bitcoin | Editor Choice

Bitcoin Could Drop to $100,000 Soon

Although Bitcoin has surged following the stabilization of the Middle East situation, it could still fall below the 100,000 USD mark in the near future.

Coinbase Stock Hits New High As Analysts Split On Future Rally

News | Altcoin | Editor Choice | Policy & Regulations

Coinbase Stock Hits New High as Analysts Split on Future Rally

Coinbase (COIN), the crypto exchange giant, has just set a new all-time closing high, despite growing concerns that the stock may be due for a short-term correction.

Ai Crypto App Users Double This Year

Editor Choice | Altcoin

AI Crypto App Users Double This Year

According to a report from DappRadar, there are approximately 4.5 million wallets using AI applications on the blockchain, marking an 86% increase this year.