Renowned Author Robert Kiyosaki Shares Contradictory Views on Bitcoin

Renowned Author Robert Kiyosaki Shares Contradictory Views on Bitcoin

By
Lorenzo Montalvo
1 min read

Renowned author Robert Kiyosaki, known for 'Rich Dad Poor Dad', expresses contradictory views on Bitcoin. While he remains bullish on the cryptocurrency, he also speculates that it could be a Ponzi scheme and crash to zero. Kiyosaki compares Bitcoin to fiat currencies, referring to them as 'giant Ponzi schemes'. Despite his concerns, he envisions Bitcoin reaching a price tag of $100,000 by 2024. His optimism is fueled by Metcalfe's Law, indicating potential demand and network expansion. Bitcoin's current price sits at $70,977.86, demonstrating an upward trend.

You May Also Like

This article is submitted by our user under the News Submission Rules and Guidelines. The cover photo is computer generated art for illustrative purposes only; not indicative of factual content. If you believe this article infringes upon copyright rights, please do not hesitate to report it by sending an email to us. Your vigilance and cooperation are invaluable in helping us maintain a respectful and legally compliant community.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings