• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Economic Crash and Bitcoin's Rise According to Robert Kiyosaki

user avatar

by Giorgi Kostiuk

10 months ago

Renowned financial author Robert Kiyosaki has doubled down on his predictions of a massive stock market crash and Bitcoin’s meteoric rise.

February 2025 Prediction

Kiyosaki recalls his 2013 prediction of the 'biggest stock market crash in history,' set for February 2025. Unlike traditional financial tools, he bets high on Bitcoin. Kiyosaki explains Bitcoin's rise using Gresham’s law and Metcalfe’s law: inflation has made the U.S. dollar 'bad money,' while Bitcoin, gold, and silver hold their value.

Inflation made the U.S. dollar 'bad money,' while Bitcoin, gold, and silver are 'good.'Robert Kiyosaki

Critique of Fiat Currencies

Kiyosaki views the market downturn as an opportunity to buy assets like cars and houses at more affordable prices. He believes this will lead to a significant shift of capital into alternative assets like Bitcoin, gold, and silver. Kiyosaki criticizes fiat currencies and supports a move towards these alternatives.

Current Bitcoin Market Sentiment

Currently, the global Bitcoin market is experiencing a rise with growing adoption. However, there has been market turbulence due to the upcoming FOMC meeting. Bitcoin's price fell to $101K, while ETH, XRP, and Solana slipped 4%-8%.

Kiyosaki's predictions emphasize his continued critique of traditional financial systems and support for alternative assets like Bitcoin.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Twenty One Capital Executes $39B Bitcoin Transfer, Signaling Institutional Confidence

chest

Twenty One Capital has executed a massive Bitcoin transfer of 43,122 BTC, valued at approximately $3.94 billion, signaling deep institutional confidence in Bitcoin's long-term value.

user avatarLuis Flores

Yearn Finance yETH Vault Exploit Results in 9 Million Loss

chest

Yearn Finance's yETH vault was exploited, leading to a loss of 9 million.

user avatarZainab Kamara

Chainlink's Open Interest Surges Amid Bearish Market Conditions

chest

Chainlink's open interest has surged past 127 million USDT, indicating increased leverage in a bearish market as the token retests a critical breakdown support level.

user avatarArif Mukhtar

Trump Administration Advances Crypto Policies Amid National Security Strategy Release

chest

The Trump administration has been actively promoting crypto policies this year, supporting the GENIUS Act and establishing a Bitcoin reserve, despite the omission of cryptocurrency in the national security strategy.

user avatarMaria Gutierrez

Bitcoin Encounters Significant Resistance Levels Ahead.

chest

Bitcoin is approaching significant resistance levels, with immediate resistance at 91,650 and key levels at 92,000 and 93,000. A close above 93,000 could lead to further increases, potentially testing the 95,000 resistance. However, if Bitcoin fails to rise above the 91,650 resistance zone, it may start another decline, with immediate support near 90,000 and major support at 89,500.

user avatarDavid Robinson

Uniswap Achieves Milestone of 4 Trillion in Trading Volume

chest

Uniswap Labs announced this week that the protocol has surpassed 4 trillion in cumulative trading volume across 2,586 days.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.