The Author of the best-selling novel Rich Dad Poor Dad, Robert KiyosakiHe has now disclosed why he continues to invest in bitcoin. He It is worth noting that Securities And Exchange Commission (SEC) Regulations will “crush” Other cryptocurrencies are also available.
Robert Kiyosaki Puts Money into Bitcoin, Warns Of SEC Regulations Obliterating Crypto Tokens
Rich Dad Poor Dad author Robert Kiyosaki He has now shared the reason he has been investing in bitcoin. The Famous author cautioned that Securities And Exchange Commission (SEC). “crush” Most other crypto tokens that abide by its regulations.
Rich Dad Poor Dad A 1997 book by both authors. Kiyosaki And Sharon Lechter. It It was on the New York Times Best Seller For more than six consecutive years, list More than 32 million copies of the book have been sold in more than 51 languages in more than 109 countries.
Kiyosaki Tweeted on Friday He has been investing in Bitcoin. He He explained that he is “very excited” About Bitcoin as a cryptocurrency “is classified as a commodity like gold, silver and oil.” The Rich Dad Poor Dad The author also stated that the US Securities And Exchange Commission The SEC has declared bitcoin a commodity while the majority of crypto tokens are securities. “SEC regulations will crush most of them.” He His tweet ended with the statement that he was buying more bitcoins.
SEC Chairman Gary Gensler He has said multiple times that bitcoin is a commodity, while other crypto tokens could be thought of as securities. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam Bitcoin is also a commodity, as has been confirmed by others.
The Indicated by the securities regulator November Its Compliance Division It remains focused on cryptocurrency. The The enforcement-centric approach of the SEC to regulating cryptocurrency has been widely criticised. Gensler In May Many crypto tokens would be destroyed after the terra/luna crash.
The Author of Rich Dad Poor Dad For a long time, he has suggested investors to purchase gold, silver, or bitcoin. Kiyosaki He stated previously that he is not a trader but a bitcoin investor. That is why he loves when BTC hits a new low.
Earlier He forecast that bitcoin investors would become rich in the next month. Federal Reserve Prints and spins “fake” Trillions of dollars. Following The collapse of cryptocurrency exchange FTX Kiyosaki He stated that he was still bullish about bitcoin and stressed that cryptocurrencies are not to blame for FTX’s fall. In SeptemberThe renowned author, urged investors to invest in crypto before the worst happens.
Kiyosaki Other dire predictions were also made, such as the fall of the US dollar and the destruction the US economy by The Federal Reserve Hyperinflation is a result of its rate increases. Great DepressionAnd World War III.
What What are you thinking about? Robert Kiyosaki He warns that SEC regulations will obliterate most cryptocurrencies, and he encourages further bitcoin investments Let Please let us know your thoughts in the comments section.
