The well-known writer of the best-selling e-book Wealthy Dad Deficient Dad, Robert Kiyosaki, has printed why he’s purchasing extra bitcoin. He warned that the Securities and Trade Fee (SEC) laws will “weigh down” maximum different cryptocurrencies. Robert Kiyosaki Buys Extra Bitcoin, Warns About SEC Laws Crushing Crypto Tokens The writer of Wealthy Dad Deficient Dad, […]

Robert Kiyosaki Is Buying More Bitcoin — Warns SEC Regulations Will Crush Most Other Cryptocurrencies

The well-known writer of the best-selling e-book Wealthy Dad Deficient Dad, Robert Kiyosaki, has printed why he’s purchasing extra bitcoin. He warned that the Securities and Trade Fee (SEC) laws will “weigh down” maximum different cryptocurrencies.

Robert Kiyosaki Buys Extra Bitcoin, Warns About SEC Laws Crushing Crypto Tokens

The writer of Wealthy Dad Deficient Dad, Robert Kiyosaki, has printed the important thing reason he’s making an investment in bitcoin. The well-known writer warned that the Securities and Trade Fee (SEC) will “weigh down” maximum different crypto tokens with its laws.

Wealthy Dad Deficient Dad is a 1997 e-book co-authored by means of Kiyosaki and Sharon Lechter. It’s been at the New York Occasions Perfect Supplier Record for over six years. Greater than 32 million copies of the e-book were bought in over 51 languages throughout greater than 109 nations.

Kiyosaki tweeted Friday that he’s making an investment in bitcoin. He defined that he’s “very excited” about BTC for the reason that cryptocurrency “is assessed as a commodity just like gold, silver, and oil.” The Wealthy Dad Deficient Dad writer added that the U.S. Securities and Trade Fee (SEC) has categorised bitcoin as a commodity whilst maximum different crypto tokens are securities, cautioning that “SEC laws will weigh down maximum of them.” He ended his tweet by means of mentioning that he’s purchasing extra bitcoin.

Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies

SEC Chairman Gary Gensler has stated time and again that bitcoin is a commodity whilst maximum different crypto tokens are securities. The chairman of the Commodity Futures Buying and selling Fee (CFTC), Rostin Behnam, has additionally showed that bitcoin is a commodity.

The securities regulator stated in November that its Enforcement Department stays eager about crypto. The SEC has been closely criticized for taking an enforcement-centric way to regulating the crypto sector. Gensler stated in Might following the terra/luna cave in that a large number of crypto tokens will fail.

The Wealthy Dad Deficient Dad writer has been recommending traders purchase gold, silver, and bitcoin for fairly a while. Kiyosaki prior to now stated he’s a bitcoin investor, no longer a dealer, so he will get excited when BTC hits a brand new backside.

Previous this month, he predicted that bitcoin traders gets richer when the Federal Reserve pivots and prints trillions of “pretend” greenbacks. Following the cave in of crypto change FTX, Kiyosaki stated he’s nonetheless bullish on bitcoin, emphasizing that crypto can’t be blamed for the FTX meltdown. In September, the famend writer recommended traders to get into crypto now, earlier than the largest marketplace crash moves.

Kiyosaki additionally made different dire predictions, together with the U.S. greenback crashing, the Fed destroying the U.S. financial system with its charge hikes, hyperinflation, a Better Despair, and Global Conflict III.

What do you consider Robert Kiyosaki purchasing extra bitcoin and his caution that SEC laws will weigh down maximum cryptocurrencies? Tell us within the feedback phase underneath.



LEAVE A REPLY

Please enter your comment!
Please enter your name here