Murgers

#RobertKiyosaki , the renowned author of 𝐑𝐢𝐜𝐡 𝐃𝐚𝐝 𝐏𝐨𝐨𝐫 𝐃𝐚𝐝 , recently took to X (formerly Twitter) to refute the critical views on Bitcoin expressed by 𝐖𝐚𝐫𝐫𝐞𝐧 𝐁𝐮𝐟𝐟𝐞𝐭𝐭 𝐚𝐧𝐝 𝐂𝐡𝐚𝐫𝐥𝐢𝐞 𝐌𝐮𝐧𝐠𝐞𝐫. 𝐊𝐢𝐲𝐨𝐬𝐚𝐤𝐢 asserted that their opinions, though influential on Wall Street, hold little relevance in the crypto space. Highlighting their longstanding anti-Bitcoin stance, he argued that age and wealth should not overshadow an understanding of Bitcoin's potential.

𝐁𝐮𝐟𝐟𝐞𝐭𝐭 𝐚𝐧𝐝 𝐌𝐮𝐧𝐠𝐞𝐫 have consistently criticized Bitcoin, labeling it a speculative asset with no intrinsic value. Buffett, in a 𝟐𝟎𝟏𝟖 interview, dismissed the cryptocurrency as nothing more than an asset driven by speculation, famously calling it a “𝐫𝐚𝐭 𝐝𝐫𝐨𝐩𝐩𝐢𝐧𝐠.” During Berkshire Hathaway's 2022 annual meeting, he reinforced his opposition, saying he wouldn’t accept all the Bitcoin in the world for $25, as it serves no productive purpose. Similarly, Munger has described Bitcoin as “𝐞𝐯𝐢𝐥” and “𝐜𝐫𝐲𝐩𝐭𝐨 𝐬𝐡𝐢𝐭,” citing concerns over its potential to destabilize the U.S. financial system.

𝐊𝐢𝐲𝐨𝐬𝐚𝐤𝐢 , on the other hand, highlighted the importance of understanding Bitcoin and other cryptocurrencies before forming opinions about them. He credited Bitcoin for significantly contributing to his financial success and questioned the relevance of 𝐁𝐮𝐟𝐟𝐞𝐭𝐭 𝐚𝐧𝐝 𝐌𝐮𝐧𝐠𝐞𝐫’s perspectives, stating, “𝐖𝐡𝐲 𝐬𝐡𝐨𝐮𝐥𝐝 𝐈 𝐜𝐚𝐫𝐞 𝐰𝐡𝐚𝐭 𝐭𝐡𝐞𝐲 𝐭𝐡𝐢𝐧𝐤 𝐚𝐛𝐨𝐮𝐭 𝐁𝐢𝐭𝐜𝐨𝐢𝐧?”His stance reflects a broader endorsement of direct investment in Bitcoin over traditional financial instruments like exchange-traded funds (𝐄𝐓𝐅𝐬).

Furthermore, 𝐊𝐢𝐲𝐨𝐬𝐚𝐤𝐢 made a bold prediction, forecasting Bitcoin's price to skyrocket to $𝟑𝟓𝟎,𝟎𝟎𝟎 𝐛𝐲 𝟐𝟎𝟐𝟓. He attributed this optimism to strong institutional interest and recent moves by investment firms like 𝐁𝐥𝐚𝐜𝐤𝐑𝐨𝐜𝐤. Kiyosaki believes these institutions are strategically suppressing Bitcoin's price to accumulate it at lower levels before its value surges. In contrast to skeptics like 𝐉𝐏𝐌𝐨𝐫𝐠𝐚𝐧 𝐂𝐄𝐎 𝐉𝐚𝐦𝐢𝐞 𝐃𝐢𝐦𝐨𝐧, who has labeled Bitcoin a “𝐟𝐫𝐚𝐮𝐝” and a “𝐝𝐞𝐜𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐞𝐝 𝐏𝐨𝐧𝐳𝐢 𝐬𝐜𝐡𝐞𝐦𝐞,” Kiyosaki emphasized the advantages of holding Bitcoin in a digital wallet, advocating for its direct and decentralized nature over traditional financial mediation.
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