#RobertKiyosaki , known author of "Rich Dad, Poor Dad", is a figure that generates debate, and his recent comments on cryptocurrencies fit into this context. His recent comments that could be "in the eye of the storm" include: Strong warnings about an imminent financial collapse and the devaluation of fiat currencies, accusing central banks of manipulating the economy. His language is very direct, referring to the US dollar as "corrupt and dishonest" and predicting "the biggest stock and bond market crash in history." Very bullish forecasts for Bitcoin, projecting significantly high prices for 2025, such as $180,000, $200,000, or even $350,000. These bold predictions, although followed by many investors, may generate skepticism due to their magnitude. Direct accusations against large financial institutions, such as BlackRock, which he recently accused of manipulating Bitcoin, linking this to movements and outflows from its ETF8. Focusing on players in the traditional financial system is consistent with his general critique of that system, but the specific accusations may be controversial as they are unverified. In summary, his comments are under scrutiny due to his alarmist tone about the traditional economy, his bold price predictions for Bitcoin, his accusations against large financial firms, and the pre-existing controversy surrounding his figure and methods.
Cold wallets store cryptocurrencies offline, making them ideal for large amounts in the long term (HODL). Their main advantage is superior security against cyberattacks, as your private keys are never online, offering total control. The disadvantage is that they are less convenient for frequent transactions, involve a cost (hardware), and carry physical risk.
Arizona has taken a historic step by passing bills SB1025 and SB1373, which will allow for the investment of up to 10% of its public funds, approximately $3.14 billion, in Bitcoin and other digital assets. This initiative aims to diversify state reserves and protect them against inflation. The fund will include seized assets and future allocations, with on-chain audits and risk controls. It is up to Governor Hobbs to sign or veto the legislation.
The MetaMask Card is a debit card launched by MetaMask that allows users to spend their cryptocurrencies directly from their MetaMask wallet anywhere Mastercard is accepted.
This initiative, backed by Mastercard and developed in partnership with Baanx and CompoSecure, aims to facilitate the everyday use of crypto assets and is considered a significant advance towards the mass adoption of cryptocurrencies. Implementation of the MetaMask Card: The card is referred to as a self-custodial crypto wallet, meaning that the user has full control of their keys and assets. It does not initially require an email association but consists of a 12-word seed phrase.
#TRUMP #Aranceles Donald Trump's tariff strategy for his second presidency resumes and intensifies his protectionist "America First" policy. The key objectives are to reduce the trade deficit, protect industry and jobs in the U.S., and use tariffs as leverage to force trade renegotiations.
To implement these measures, Trump justifies the tariffs primarily under the national security clause (Section 232), although their use has expanded to include issues such as immigration and drug trafficking, which many consider a negotiation tactic and tool of foreign policy.
The tariff plans for this second term are higher, broader, and with fewer exceptions than in the first, including a universal tariff of 10%, customized reciprocal tariffs, increases on steel and aluminum, significant tariffs on Canada and Mexico (also linked to immigration and fentanyl), and 25% on automobiles and auto parts. A substantial increase in tariffs on China is planned, potentially reaching up to 125% or 145%. "Secondary tariffs" have also been introduced against third countries that trade with target nations like Venezuela.
The impact of this strategy is significant, generating high economic uncertainty and causing sharp declines in financial markets. In the U.S., it translates to higher costs for consumers and businesses, with projections of lower GDP and household purchasing power. Globally, it is seen as a return to a fragmented and destabilized world, generating retaliation from other countries and undermining the WTO dispute resolution system.
#xrp December 2020: The SEC initially filed a lawsuit against Ripple Labs. The SEC alleged that the company had conducted an unregistered securities offering by selling XRP. Since 2020, Ripple has been embroiled in a problem with the SEC due to the sale of XRP as an allegedly unregistered security. July 13, 2023 After a long legal battle, the court sided with Ripple in a historic ruling and determined that XRP is not a security when sold in public markets. This decision represented a significant victory for Ripple and set a crucial precedent for the classification of cryptocurrencies.
$BTC Is now the time to buy Bitcoin? The volatility of cryptocurrencies can be exciting but also intimidating. Before making a decision, it is crucial to assess both the pros and cons.
Why invest in Bitcoin?
* Mass adoption: Large companies like Tesla and MicroStrategy have invested billions in Bitcoin, demonstrating their confidence in this cryptocurrency.
* Disruptive technology: Blockchain, the underlying technology of Bitcoin, has the potential to revolutionize multiple industries.
* Scarcity: With a maximum supply of 21 million bitcoins, the inherent scarcity of this cryptocurrency could drive its long-term value.
But not everything is rosy...
* High volatility: Bitcoin prices can experience significant fluctuations within hours, which can lead to substantial losses for investors.
* Uncertain regulation: Governments around the world are still defining regulations for cryptocurrencies, creating an environment of uncertainty.
* Risk of hacking: Although blockchain is secure, cryptocurrency exchanges are not immune to cyberattacks.
So, should you invest in Bitcoin?
The final decision depends on your risk profile and investment goals. If you are looking for a long-term investment and are willing to take on high risk, Bitcoin could be an interesting option. However, if you are looking for more stable investments, you may want to consider other alternatives.
#BTCNextMove Is now the time to buy Bitcoin? The volatility of cryptocurrencies can be exciting, but also intimidating. Before making a decision, it is crucial to evaluate both the pros and cons.
Why invest in Bitcoin?
* Mass adoption: Large companies like Tesla and MicroStrategy have invested billions in Bitcoin, demonstrating their confidence in this cryptocurrency.
* Disruptive technology: Blockchain, the underlying technology of Bitcoin, has the potential to revolutionize multiple industries.
* Scarcity: With a maximum supply of 21 million bitcoins, the inherent scarcity of this cryptocurrency could drive its value in the long term.
But not everything is rosy...
* High volatility: Bitcoin prices can experience large fluctuations in a matter of hours, which can lead to significant losses for investors.
* Uncertain regulation: Governments around the world are still defining regulations for cryptocurrencies, which creates an environment of uncertainty.
* Hacking risk: Although the blockchain is secure, cryptocurrency exchanges are not immune to cyber attacks.
So, should you invest in Bitcoin?
The final decision depends on your risk profile and investment goals. If you are looking for a long-term investment and are willing to take on high risk, Bitcoin could be an interesting option. However, if you are looking for more stable investments, you may want to consider other alternatives.