2023 is off to a rough start as crypto business bankruptcies, inflation and recession impact the market and loom darkly on the horizon. Robert Kiyosaki, author of Rich Dad, Poor Dad, says that other than Bitcoin, the U.S. Securities and Exchange Commission is going to “crush” most crypto with regulations. Other investors and economists such as Michael Barry and Peter Schiff have also commented on the ominous atmosphere this year. Still, peer-to-peer exchanges (Bitcoin’s original value proposition) that do not require institutions to interfere with economic freedom remain a reality, as does the fact that there is no shortage of crypto news. This is the Bitcoin.com Newsweek in Review.
Robert Kiyosaki Buys More Bitcoin – Warns SEC Regulation Will Crush Most Cryptocurrencies
Robert Kiyosaki, the famous author of the best-selling book “Rich Dad, Poor Dad,” has revealed why he is buying more bitcoin. He warned that Securities and Exchange Commission (SEC) regulations would “crush” most other cryptocurrencies.
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“Big Short” investor Michael Barry warns of another inflation surge – predicts the US is “entering a recession by any definition”
Hedge fund manager Michael Burry, who famously predicted the 2008 financial crisis, says U.S. inflation has peaked but will surge again. He expects the U.S. economy to fall into recession “by any definition.”
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Economist Peter Schiff predicts inflation “is going to get worse” -USD faces “one of its worst years ever”
Economist Peter Schiff predicts that 2023 will be “one of the worst years ever” for the U.S. dollar and warns that the inflation problem is “about to get much worse.” He also shared his predictions for the worst performing sectors of the stock market this year.
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The problem is that $1.8 billion worth of Venezuelan gold in the Bank of England’s vaults remains unaccounted for after the dissolution of the interim government
The status of Venezuelan gold currently held by the Bank of England could be in regulatory limbo after the dissolution of Juan Guaido’s interim government. 31 tons of gold has been in dispute between current President Nicolas Maduro and Juan Guaido since 2019, when Guaido consolidated his parallel government The issue has been the subject of a
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What are your thoughts on this week’s hot stories from Bitcoin.com News? Do you think the global economy and crypto are in for a rough year, or are Kiyosaki, Burry, and Schiff’s recent views wrong? Let us know in the comments section below.
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