Financial Expert Robert Kiyosaki Invests in Bitcoin and Gold
A recent tweet by Robert Kiyosaki, author of Rich Dad Poor Dad and venture investor, has sparked debate about his views on Bitcoin. Kiyosaki recently bought more Bitcoin and gold, citing them as safer than holding fiat currencies like the US dollar.
Kiyosaki’s tweet explained why he made this investment decision, stating that owning gold and Bitcoin is smarter and safer than saving dollars. However, some commentators disagreed with his views, recommending alternative investments such as Litecoin and physical silver.
Bitcoin’s value has dropped 4.25% in the past 24 hours, trading at $96,145. Despite this decline, Kiyosaki views it as an opportunity to buy more of the digital currency. He has previously stated that market crashes are a chance to purchase assets at a lower price.
Meanwhile, states are racing to create crypto reserves. Utah has become the first state to pass a bill allowing public funds to be invested in crypto. Kentucky and Maryland are also introducing bills to create Bitcoin strategic reserves, with different approaches on how to invest public funds in digital assets.
These efforts are part of a growing trend towards investing in digital assets, with some states seeking to diversify their portfolios and others looking to take advantage of the potential benefits of cryptocurrency.
