Robert Kiyosaki Labels Bitcoin as “People’s Money” Amid LA Riots
- Robert Kiyosaki endorses Bitcoin during Los Angeles unrest.
- Kiyosaki criticizes central banks’ monetary policies.
- Increased interest in Bitcoin as a safe haven.
Kiyosaki’s remarks emphasize Bitcoin’s perceived safety amid monetary instability, sparking renewed interest.
Robert Kiyosaki labels Bitcoin “people’s money,” criticizing central banks amid Los Angeles riots. His claims relate to ongoing crypto discussions globally, highlighting distrust in fiat systems. His statements link the unrest to existing economic concerns.
Kiyosaki criticizes “FAKE money” printed by central banks, asserting that Bitcoin offers protection from currency debasement. His remarks bolster Bitcoin’s image among investors seeking alternatives to fiat amid economic instability.
In wake of Kiyosaki’s comments, Bitcoin gains renewed interest as a safe haven. The crypto community echoes his distrust of traditional financial systems, particularly during periods of civil unrest and economic uncertainty.
While Kiyosaki’s endorsement didn’t trigger formal financial shifts, it consolidated Bitcoin’s narrative as a hedge. Discussions on online platforms suggest more investors may consider Bitcoin to counter perceived fiat vulnerabilities .
Kiyosaki draws parallels between current unrest and historical crises, highlighting patterns of financial assets gaining attention during instability. His comments reaffirm a narrative of Bitcoin as a consistent safe haven in volatile times.
Financial experts observe the pattern of alternative asset preference during crises, reflecting historical trends seen in gold. Kiyosaki’s support underscores Bitcoin’s position in this dialogue, potentially impacting digital asset market dynamics.
Robert Kiyosaki, Author, “Rich Dad Poor Dad,” – “CIVIL WAR has begun. ICE raids in Los Angeles erupt into mass violence. BIG QUESTION: Will it spread? MY ANSWER: I believe we and the world are in for a long, hot, violent summer. … The issue is our banker are stealing the wealth of the people via FAKE money, counterfeit money the central bankers print. I trust the era of bankers ripping off the world is coming to an end.” Source
| Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SAG-AFTRA strike over AI protection for artists could end soon
Share link:In this post: SAG-AFTRA has reached a tentative deal with major video game companies over AI protections, potentially ending a strike that began in July 2024. Performers remain on strike until a formal strike suspension deal is signed and approved by the union’s board and members. The last similar strike by video game performers was in 2016, lasting 11 months and securing bonus pay for voice and motion capture work.
SEC may approve Solana ETF as early as in July
Share link:In this post: The SEC might approve Solana ETFs as early as next month. The regulator has asked for issuers to update their filings. Several asset managers like Grayscale have lined up to offer the Solana ETF.
ZEN Migration Safety Checklist: Don’t Get Scammed
Bitcoin Buying Surge Driven by U.S. Investors
Bitcoin sees a strong buying trend among U.S. investors, signaling a healthy recovery pattern after recent corrections.A Healthy Post-Correction RallyWhat This Means for the Crypto Market
Trending news
MoreCrypto prices
More
