Robert Kiyosaki: I’m Still Bullish on Bitcoin — Crypto Cannot Be Blamed for FTX Collapse

Poor famous author of best-selling book Rich Dad Dad Robert Kiyosaki is still bullish on Bitcoin despite the collapse of crypto exchange FTX. emphasized that he could not

Robert Kiyosaki Still Bullish on Bitcoin

Rich Dad Poor Dad author Robert Kiyosaki guest Mark He on the broadcast Rich Dad radio show. ‘s Moss and his talk about the FTX demise and Bitcoin. Earlier this week.

Rich Dad Poor Dad is his 1997 book co-authored by Kiyosaki and Sharon Lecter. He has been on the New York Times bestseller list for over six years. The book has sold over 32 million copies in over 109 countries and in over 51 languages. Moss is a radio host and author of The Non-Communist Manifesto.

After hearing Moss outline the problems with FTX and the numerous fraudulent activities allegedly perpetrated by former CEO Sam Bankman-Fried (SBF), Kiyosaki said: Highlighted:

I’m still bullish about Bitcoin… Bitcoin is not the same as Sam Bankman Freed. The problem is FTX, not Bitcoin.

Kiyosaki pointed out that FTX and he cannot blame Bitcoin for Bankman-Fried’s decline. This is just like you can’t blame silver for mismanaged silver exchange traded funds (ETFs). He has revealed that he owns a lot of silver and gold, but he has no ETFs of silver or gold.

A famous author called FTX “one of the greatest scams of all time.” He further explained: Despite the FTX debacle and subsequent crypto market crash, Kiyosaki reiterated: I think Bitcoin is stable, so I’m not against it, as many people in my age group are.

Kiyosaki also warns about the US economy. On Friday he tweeted: “The global economy is not a ‘market’. I believe the economy is the biggest bubble in world history.” I have warned several times that everything is crashing. He is urging investors to buy cryptocurrencies now before the biggest crash in world history occurs.

Last week, like Kiyosaki, Bitcoin said he was not the FTX meltdown problem. He called Bankman-Fried the Bernie Madoff of cryptocurrencies. He also recently revealed that he is a Bitcoin investor, not a trader, and gets excited whenBTC hits a new low.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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