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Kiyosaki calls FTX 'mouse droppings,' still bullish on BTC, ETH

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Post time 12-2-2024 13:06:56 | Show all posts |Read mode
Although the collapse of FTX has brought the cryptocurrency market to the brink of collapse, causing panic among investors, Robert Kiyosaki, the author of the bestselling financial book "Rich Dad Poor Dad," remains remarkably calm and expresses continued optimism about the future development of cryptocurrencies.

Robert Kiyosaki mentioned his significant interest in blockchain technology and revealed that he currently holds Bitcoin and Ethereum, maintaining confidence in these two major cryptocurrencies.

During a recent interview with iHeart radio host Mark Moss, Kiyosaki emphasized that the FTX case does not represent the entire cryptocurrency industry. He cautioned against generalizing the issues of FTX and viewing them as problems of Bitcoin. He stated:

"I still believe in Bitcoin. Bitcoin and Sam Bankman Fried (FTX founder) cannot be compared. FTX is just a mouse dropping."

At 75 years old, Kiyosaki acknowledged that investors of his age group tend to avoid cryptocurrencies, especially after the recent FTX incident, which has left even those within the crypto community feeling uneasy. Nevertheless, he remains unwavering in his faith in cryptocurrencies, pointing out that even in the face of recent challenges, his belief remains steadfast.
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Post time 12-2-2024 15:34:52 | Show all posts
Having a positive outlook is quite a normal thing.
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Post time 13-2-2024 04:42:15 | Show all posts
I think this guy's judgment is reliable.
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