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<p><strong>Robert Kiyosaki urges swift investment in assets like Bitcoin, gold, silver, and cash amid the launch of the ‘FedNow Service’ and the looming possibility of a CBDC.</strong></p> 
<h2 style="text-align: center;" id="concerns-about-fednow-service">Concerns About FedNow Service</h2> 
<p>Robert Kiyosaki, the well-known author of ‘Rich Dad Poor Dad,’ has <a href="https://www.investing.com/news/stock-market-news/robert-kiyosaki-warns-of-privacy-concerns-with-fednow-service-suggests-investing-in-bitcoin-gold-silver-and-cash-93CH-3186316" target="_blank" rel="noopener">expressed concerns</a> about a recent development called the ‘FedNow Service.’ He believes that this new system could have significant implications for our financial privacy and might pave the way for a new type of digital currency known as a Central Bank Digital Currency (CBDC).</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> “will become priceless” when a CBDC enters the market. – Rich Dad, Poor Dad author 👏 <a href="https://t.co/LEfUfbtbYq">pic.twitter.com/LEfUfbtbYq</a></p> 
 <p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1707732300719329287?ref_src=twsrc%5Etfw">September 29, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 style="text-align: center;" id="understanding-cbdc">Understanding CBDC</h2> 
<p>CBDC stands for Central Bank Digital Currency. It’s a form of digital money issued and regulated by the government’s central bank. If CBDC becomes a reality, it could potentially compromise our financial privacy when using money for transactions.</p> 
<h2 style="text-align: center;" id="kiyosaki-s-investment-advice-act-now">Kiyosaki’s Investment Advice: Act Now</h2> 
<p style="text-align: center;">Kiyosaki believes that the introduction of CBDC could lead to a surge in the value of traditional assets like gold, silver, Bitcoin, and even regular cash. In his view, these assets might become “priceless.” Therefore, he strongly recommends that people consider investing in these assets as a safeguard for their financial future.</p> 
<h2 style="text-align: center;" id="fednow-service-is-already-operational">FedNow Service is Already Operational</h2> 
<p>The ‘FedNow Service’ was officially launched on July 20, 2023. It has faced criticism from various quarters within the United States, with concerns raised about its potential impact on financial freedom and individual rights. Some have even gone so far as to suggest that CBDCs could result in “financial slavery and political tyranny.”</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/FedFAQ?src=hash&amp;ref_src=twsrc%5Etfw">#FedFAQ</a>: What is the FedNow Service?<br> Learn more about the <a href="https://twitter.com/hashtag/FedNow?src=hash&amp;ref_src=twsrc%5Etfw">#FedNow</a> Service:<a href="https://t.co/SJNEtMeA1y">https://t.co/SJNEtMeA1y</a><a href="https://t.co/IXF8dyy46S">https://t.co/IXF8dyy46S</a> <a href="https://t.co/AiL9EAYXh8">pic.twitter.com/AiL9EAYXh8</a></p> 
 <p>— Federal Reserve (@federalreserve) <a href="https://twitter.com/federalreserve/status/1707031648850612398?ref_src=twsrc%5Etfw">September 27, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 style="text-align: center;" id="current-status-of-bitcoin">Current Status of Bitcoin</h2> 
<p>Bitcoin has shown a 2.72% increase in value in a single day and a 1.83% gain over the past week, indicating a gradual recovery in the cryptocurrency market. However, when looking at the monthly chart, Bitcoin still registers a 1.03% decline.</p> 
<h2 style="text-align: center;" id="kiyosaki-s-timely-reminder">Kiyosaki’s Timely Reminder</h2> 
<p>Kiyosaki has emphasized the urgency of investing in assets like Bitcoin, gold, and silver. He believes that these assets are currently at a relatively affordable price point, and waiting too long to acquire them could be a missed opportunity.</p> 
<h2 style="text-align: center;" id="conclusion">Conclusion</h2> 
<p>Robert Kiyosaki’s concerns about the ‘FedNow Service’ and the potential introduction of CBDC reflect a broader debate about the future of digital currencies and their impact on <a href="https://walletinvestor.com/magazine/texas-emerges-as-a-crypto-haven-states-bill-of-rights-may-soon-include-digital-currencies" target="_blank" rel="noopener">individual financial privacy</a>. He strongly advises considering investments in assets like Bitcoin, gold, silver, and cash as a proactive measure to protect one’s financial interests. While concerns about CBDC persist, the precise path forward remains uncertain.</p>

Robert Kiyosaki’s Warning About FedNow Service

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