Bitcoin ETF

Millions

Bitcoin

when

Prominent writer Robert Kiyosaki, known for his book “Rich Dad Poor Dad,” criticized the ‘conservative’ bonds investment system in the US and encouraged people to invest in Bitcoin (BTC). 
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 BIGGEST LIE financial planners tell gullible, mom and pop investors: The lie is: “Bonds are safe.” Millions of even so-called “sophisticated” investors will take losses when so-called AAA bonds crash when commercial real estate crashes. The once glamorous office real estate…— Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1794753029905793068?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 26, 2024</a>
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Kiyosaki dismissed the belief that bonds are secure, citing examples of investors losing money on bonds during commercial real estate downturns. He pointed out potential threats in the office real estate markets and consequences for AAA bonds (highest rated investment bonds). 
Robert Kiyosaki challenges conventional wisdom by advocating against bonds as a safe investment, urging older investors to consider gold, silver, or bitcoin for stability during market volatility. 
Kiyosaki believes the <a href="https://www.cryptotimes.io/2024/01/11/finally-sec-approves-first-spot-bitcoin-etfs/" target="_blank" data-type="link" data-id="https://www.cryptotimes.io/2024/01/11/finally-sec-approves-first-spot-bitcoin-etfs/" rel="noreferrer noopener">SEC’s approval of the first spot Bitcoin ETF</a>, combined with supply constraints caused by <a href="https://www.cryptotimes.io/2024/04/09/bitcoin-halving-2024-is-scheduled-with-market-bullish-on-it/" target="_blank" data-type="link" data-id="https://www.cryptotimes.io/2024/04/09/bitcoin-halving-2024-is-scheduled-with-market-bullish-on-it/" rel="noreferrer noopener">Bitcoin’s halving</a>, could lead to Bitcoin appreciating to $300,000. 
This shift in perspective by Kiyosaki throws light on the changing dynamics of investment and wealth creation. It is recommended to reconsider the conventional concept of safety and consider various types of assets as the new reality of the financial markets.

Robert Kiyosaki Terms Bonds as “Biggest Lie”, Bats for Bitcoin

The Crypto Times

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