Renowned financial educator Robert Kiyosaki has once again voiced his support for Bitcoin, declaring it “on sale” as its price fell to $82K—a low not seen since November 2024. In a recent post on X, Kiyosaki emphasized that the current price drop is not due to flaws in Bitcoin itself. Instead, he attributes the decline to broader financial instability and warns, “The problem is not Bitcoin. The problem is our monetary system and our criminal bankers.” His comments come amid growing concerns over America’s debt, which he claims exceeds $230 trillion when including social programs, suggesting that a collapse of the dollar could be imminent if foreign buyers of U.S. bonds disappear.
Diverse Views Within the Crypto Community
Kiyosaki’s remarks have ignited debate among investors. Supporters applaud his view on fiat currency devaluation and see Bitcoin as a safeguard against economic uncertainty. Some market participants, like Solix Trading and Brett Wilmot, stress that thorough research into Bitcoin’s fundamentals diminishes the impact of short-term volatility. Conversely, critics like Matthew Ferris argue that in times of economic stress, traditional hard assets such as gold and silver provide more stability. Others, including Chad Boston, even suggest that XRP might be a more viable alternative.
Market Dynamics and Investor Shifts
Recent market trends have also impacted Bitcoin’s trajectory. A surge in AI stock investments, highlighted by NVIDIA’s strong Q4 earnings, has diverted capital away from crypto. U.S. Bitcoin ETFs experienced record outflows—over $1.1 billion on Tuesday and $2.1 billion over the last six days—raising concerns that Bitcoin may suffer further losses below $80K if this trend continues.
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