Robert Kiyosaki Says The Poor Work For Dollars, And Today's Rich For Bitcoin Amid Current Spike In Inflation
Portfolio Pulse from Mehab Qureshi
Robert Kiyosaki, author of 'Rich Dad Poor Dad', commented on the impact of inflation on different socioeconomic groups, stating that it exacerbates the financial struggles of the poor and middle class who primarily rely on dollars, while benefiting the wealthy who prioritize assets like gold, silver, and Bitcoin. He also mentioned Citibank's new service, Citi Token Services, which incorporates blockchain technology for instant payments. Kiyosaki has previously predicted that Bitcoin would reach $100,000.
October 18, 2023 | 11:55 am
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POSITIVE IMPACT
Robert Kiyosaki's comments on the benefits of Bitcoin amid inflation could potentially increase interest and investment in the cryptocurrency, positively impacting its price.
Kiyosaki's comments highlight Bitcoin as a valuable asset in times of inflation, which could increase its appeal to investors. This, coupled with his previous prediction of Bitcoin reaching $100,000, could potentially drive up demand and price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Citibank's new blockchain-based service, Citi Token Services, could potentially attract more customers and increase its revenues, positively impacting its stock price.
The introduction of Citi Token Services, a blockchain-based service for instant payments, could potentially attract more customers to Citibank, increasing its revenues and positively impacting its stock price.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 60