Topic: Robert Kiyosaki believes in Bitcoin - page 2. (Read 794 times)
I only see these guys talking well about bitcoin, but they don't say if they buy bitcoin and how much bitcoin they bought. so I wonder why people believe the things they talk about bitcoin? are they not just taking advantage of bitcoin's popularity to appear on the news channels? I know that people preserve their privacy, but if someone encourages other people to buy bitcoin, then that person who encourages other people should be the first person to set an example to show the amount of bitcoin they bought
Robert Kiyosaki understands why we should have investment in bitcoin, gold and silver because of the limited supply. He said to his twitter account that the dollar is dying because of the unlimited printing of money by the FED. I really do not understand why it became positive especially there is a crisis nowadays. Investing in bitcoin can helps us to beat inflation and to gain profit but there are factors that should be consider. We should not invest because someone said to do so, we should only make investment if we fully understand how it works and we are going to make money from it.
The monetary system is flawed because with a central they can control the value with quantitative easing and fractional reserve banking and stimulate the economy through buying corporate debts, bonds and treasure's with the money they print out of nothing.
This is not an ordinary recession, if the stock continues to dump it will lead to another great depression or far worse. So better stock up precious metals and Bitcoin like this guy suggest.
This is not an ordinary recession, if the stock continues to dump it will lead to another great depression or far worse. So better stock up precious metals and Bitcoin like this guy suggest.
Quote from: Nadziratel link=topic=5237346.msg54142400#msg54142400
date=1585826065
date=1585826065
Not only that, there are many people and businessmen who believe in Bitcoin. In my
opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not
express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale
developments that will affect daily life
Yes thats correct. Such believes wont help BTC in reaching to mainstream paymentopinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not
express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale
developments that will affect daily life
method. BTC adoption requires solving many of its problem like scalability, transaction fee
and regulatory issues. There are still very few real world use cases of bitcoin, people still
hold it as an asset of investment. We cant live our daily lives on btc unfortunatly.
I believe Robert T. Kiyosaki very much and I own him in high esteem. I hope most of his followers will see wisdom in his tweet and not slack as regards stalking some of their fund on bitcoin, this to me has a better ROI on gold and could be a faster way to beat inflation in dying economy.
I already have 2 of those.
Gold and Bitcoin.
I don't like silver though. Maybe it is not just interesting in my eyes. Also, I have been also faked before by someone else and I don't want that to happen again.
I'll stick with bitcoin instead. I have enough gold in my stash.
Perhaps, if I could make more money with some of my altcoins then I might add more.
Gold and Bitcoin.
I don't like silver though. Maybe it is not just interesting in my eyes. Also, I have been also faked before by someone else and I don't want that to happen again.
I'll stick with bitcoin instead. I have enough gold in my stash.
Perhaps, if I could make more money with some of my altcoins then I might add more.
Many believe in the success of bitcoin, but bitcoin still can not realize its full potential
It is human that will make use of the crypto to realized its potential. Few months ago, nobody will think demand for common sanitary materials can go gaga to the extent that there is global shortage due to the crisis. The same thing can happen to crypto one day when people start depending so much in it to buy goods and services. 
I've watched some of his videos on youtube channel and he said the word Bitcoin or crypto many times already.
Kiyosaki is a great investor (one of the best if not the best) and he is also great in real estate which is his forte. He believes that investments and business will make a poor people a rich one so he is advocating this and saying that save some valuable assets and hearing that he included Bitcoin is a great news already.
As years passes by, more and more people are using Bitcoin. More and more people knows Bitcoin whether it is a store of value or as an investment at least they know it. I'm not expecting other investors to do the same as him but.... never mind.
Kiyosaki is a great investor (one of the best if not the best) and he is also great in real estate which is his forte. He believes that investments and business will make a poor people a rich one so he is advocating this and saying that save some valuable assets and hearing that he included Bitcoin is a great news already.
As years passes by, more and more people are using Bitcoin. More and more people knows Bitcoin whether it is a store of value or as an investment at least they know it. I'm not expecting other investors to do the same as him but.... never mind.
I think that is the author of Rice Dad , Poor Dad. Is being long I read that though.This is nice to see people of such public figure commenting positive to investing on cryptocurrency. This will of course cause a positive drive to investment.
Yes, it's the author of rich dad & poor dad. the concept discuss in this book has help many people around the world to gain financial freedom.
He is also a close friend of DOnald Trump. However, i donot know if, both of them are still in good terms.
Thanks
Soldierwitlittlefaith
There are many of these businessman that actually love and embrace Bitcoin but you will not hear this from them because of not gaining control over the said technology. Bitcoin as the people money is not bowing down to anyone because is greater than anyone in this planet. Also, many of these businessman are afraid of what they have said time past and would rather go mute and get involve than opening get involve.
They have all noticed the large scale adoption on this Bitcoin and believed that; they have zero effect on the technology. For him to just mentioned gold and silver before Bitcoin means that, he's not truly opened to the technology.
They have all noticed the large scale adoption on this Bitcoin and believed that; they have zero effect on the technology. For him to just mentioned gold and silver before Bitcoin means that, he's not truly opened to the technology.
And as for this Kiyosaki guy, his reputation in the world of financial advice doesn't look too good since, as Wikipedia mentions:
Kiyosaki's company filed for bankruptcy in 2012
Quote
Kiyosaki's company filed for bankruptcy in 2012
That time, one of his companies was hit hard with Chapter 7 bankruptcy because of a lawsuit that he didn't want to fund with his pocket money. He has other companies he can do business under. When bankruptcy happens, shareholders and pretty much every other business and person involved with the company loses the money they put up in there. But bankruptcies never seize the part of people's wealth that was never invested in the business. That's why you see rich people like Kiyosaki still doing well financially despite the bankruptcy, since they never invested most of the money they personally have into it.
As for the employees, most of them don't have an ample amount of money to look for another job after losing their jobs and paychecks to bankruptcy, so they, and shareholders, and businesses lending it money (creditors) are actually the ones who get hurt by bankruptcies. Since he's rich, some people think his advice is still credible.
Not only that, there are many people and businessmen who believe in Bitcoin. In my opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life
I believe that Microsoft used Bitcoin for purchasing their products before, so I am not surprised that Gates kinda supported Bitcoin. Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life
I am not sure the place that we're aiming here, but as long as we can use it to send money to other people as well as invest into it, then I think we're already at our destination here in crypto. Maybe we're just looking at the price all these times, that's why we're still aiming for higher.
Not only that, there are many people and businessmen who believe in Bitcoin. In my opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life
I believe that Microsoft used Bitcoin for purchasing their products before, so I am not surprised that Gates kinda supported Bitcoin. Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life
I am not sure the place that we're aiming here, but as long as we can use it to send money to other people as well as invest into it, then I think we're already at our destination here in crypto. Maybe we're just looking at the price all these times, that's why we're still aiming for higher.
@isaac_clarke22, i think the problem is that most of the billionaire and influencers people not coming out or not making their stance about cryptocurrency public because of the government's thoughts about crypto because Microsoft has been dealing with bitcoin more than 4years now.
It doesn’t really matter what public figures think, bitcoin is decentralized & is beginning to gain more & more users as we edge towards mainstream adoption. Obviously if public figures speak positively about bitcoin it’s not a bad thing.
That is the best part of bitcoin, I know that many people are impressed when a public figure endorses something but in the case of bitcoin that is unnecessary, just look at bitcoin and its characteristics and anyone that knows anything about the history of money will agree immediately that bitcoin is a good form of money to have, obviously since bitcoin is still relatively new its volatility is significant but as time passes and more people adopt it the volatility should go down and it will be easier for those that are risk adverse to hold their bitcoin. 
Good that he mentioned Bitcoin but I am tired of people looking for celebrity or influencer's endorsement of Bitcoin. I do not need anyone to tell me this is what Bitcoin is, I came across it in 2014 and took me 2 to 3 months of readings and research into it to be convinced this is real and thank God I made that decision. If the guy mentioned Ripple or even Bitcoinnet some people would go gaga and go and buy it because someone tweet or recommend it. Remember it is your money that is on the line.
Bill Gate been talking about bitcoin on every news channel in 2014 2015 2016
So? That doesn't mean Bill Gates owns and/or believes in Bitcoin or other decentralized cryptocurrencies. His corporation even accepted for a short while BTC, but then ask yourself why did they stop accepting it..It is not just only Robert who believe in Bitcoin. Other billionaires like Bill Gates, Warren Buffet, Donald Trump and Tesla also believe and hold bitcoin but will pretend to the public that they don't own any. Good thing that Robert is.making his public. The truth however is that even if they do not believe in bitcoin it will not stop bitcoin from being the utility cryptocurrency that it is.
When it comes to this subject, I don't think it makes sense to compare Kyiosaki to Bill Gates or Warren Buffet. Buffet and Gates are all in for multinationals and centralization while Kiyosaki calls the USD a scam. Just from the thought that Kiyosaki believes in BTC you can understand that he likes the idea of you being your own boss instead of having a superior. Being in control instead of being enslaved to the system and so on.Incomparable.
Not only that, there are many people and businessmen who believe in Bitcoin. In my opinion, Tesla's CEO Elon Musk believes in Bitcoin and crypto money, but does not express it clearly. Even the most recent Bill Gates said he had changed his mind.
Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life
To add to the list is Jack dorsey (twitter ) and Mark Zukerberg (Facebook), the 2 top used social media platform in the globe. Jack promised to make some commitment to the space this year and made several tweets last year to support bitcoin, i feel the pandemics situation could limit it this year. Facebook also plan to launch its coin but there are more important situation in health that could suspend the decision of the government to approve it. Other branches of Microsoft are involve in cryptocurrency especially Microsoft Azure. Unfortunately, we cannot reach a place with only these views. For us, larger-scale developments that will affect daily life
It doesn’t really matter what public figures think <...>
You underestimate the power those people have, especially if they're a businessman or are well-known person involved in something related to finances or economics.Let's start with the obvious: the guy has over a million followers on twitter, that's a ton of people getting exposed to Bitcoin. The more people know about BTC, the better...isn't that right?
Then you have the psychological part. He's seen as a successful person (google search his name), and more often than not, the majority of people tend to see these kind of wealthy businessman and successful individuals that are well-positioned in the corporate ladder as authority (this is called "Authority bias"), which means that there's a high probability that people will be motivated to at least give it a shot or straight up buy bitcoin...
Even if a person thinks "meh..." after reading his tweet, Robert already did his job: he planted the seed (: and his timing was great, right when there's an economic fallout. We honestly should thank Mr. Kiyosaki for this tweet, too bad I don't use Twitter.
Anyone who can share a link that says Robert Kiyosaki actually invested in Bitcoin? I tried to search but all I read was all talk.
From this article https://cointelegraph.com/news/rich-dad-poor-dad-author-bitcoin-is-messing-into-the-feds-territory he says he's only interested but he's staying out of cryptocurrencies.
“Personally, I’m a technosaurus rex. I can barely use a cellphone. So I’d best stay out of cryptocurrencies. So if you’re a young person and you like crypto, it might be your place. Again, everything is ‘just do what you love.’ I love businesses, I love gold [...] I love using debt as money — because in 1971 the dollar became debt — and I love paying no taxes legally.”
We believe in Bitcoin even without Kiyosaki's words but his followers who never heard of about Bitcoin will doubt his statement. You know, talk is cheap.
From this article https://cointelegraph.com/news/rich-dad-poor-dad-author-bitcoin-is-messing-into-the-feds-territory he says he's only interested but he's staying out of cryptocurrencies.
“Personally, I’m a technosaurus rex. I can barely use a cellphone. So I’d best stay out of cryptocurrencies. So if you’re a young person and you like crypto, it might be your place. Again, everything is ‘just do what you love.’ I love businesses, I love gold [...] I love using debt as money — because in 1971 the dollar became debt — and I love paying no taxes legally.”
We believe in Bitcoin even without Kiyosaki's words but his followers who never heard of about Bitcoin will doubt his statement. You know, talk is cheap.
It is not just only Robert who believe in Bitcoin. Other billionaires like Bill Gates, Warren Buffet, Donald Trump and Tesla also believe and hold bitcoin but will pretend to the public that they don't own any. Good thing that Robert is.making his public. The truth however is that even if they do not believe in bitcoin it will not stop bitcoin from being the utility cryptocurrency that it is.
Jump to: