- AI and Its Impact on the Financial World
- Impact of U.S. National Debt on Bitcoin
- Bitcoin Price Rise After Fed Rate Cut
Financial expert and author of the book 'Rich Dad Poor Dad' Robert Kiyosaki shared his predictions about the future of Bitcoin. Furthermore, he links significant changes in the financial market to the development of artificial intelligence (AI).
AI and Its Impact on the Financial World
In his recent tweet, Kiyosaki identified AI as the key driver for upcoming changes in the financial world. He mentioned a soon-to-be-published book about how money will be transformed by AI chatbots. Kiyosaki stated, 'AI is going to shake up the world of money,' adding that this is 'frightening.' However, he also noted a positive aspect of these changes concerning the largest cryptocurrency, Bitcoin, which he bets on.
Impact of U.S. National Debt on Bitcoin
Another significant reason Kiyosaki expects Bitcoin to spike is the rapidly growing U.S. national debt. In August, he mentioned that the U.S. debt explodes by an additional $1 trillion every 100 days. Here, Kiyosaki bets on Bitcoin's programmed scarcity, limited to 21 million coins.
Bitcoin Price Rise After Fed Rate Cut
Over the past week, Bitcoin demonstrated a 7.6% increase, rising from $59,380 above the $64,000 level. This rise was triggered by the Federal Reserve making a significant interest rate cut of 50 basis points for the first time since 2020.
Robert Kiyosaki continues to actively share his views on Bitcoin's future and the various factors influencing its price. His predictions and conclusions resonate with many investors looking for safe assets in a rapidly changing financial world.
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