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The author of "Rich Dad Poor Dad" issues another "doomsday warning"! Predicts that the U.S. stock market will face a Great Depression-style crash, and Bitcoin will become a safe haven?
Robert Kiyosaki, the author of "Rich Dad Poor Dad", recently issued a stern warning, stating that the U.S. stock market bubble is expanding and may trigger a collapse similar to the Great Depression of 1929. He urged investors on social media to firmly hold gold, silver, and Bitcoin(BTC) as a hedge, and questioned the safety of traditional retirement accounts(401k/IRA). Although Kiyosaki has a long-term positive outlook on Bitcoin, he strongly opposes Bitcoin Spot ETF, believing it is not true ownership. Meanwhile, under the advancement of U.S.-European trade agreements, Bitcoin prices are showing strength, approaching the key psychological level of $120,000.
Kiyosaki Issues Warning of Collapse: US Stock Bubble Comparable to 1929, Urges Holding Hard Assets Famous financial writer Robert Kiyosaki recently issued a heavy warning on social media platform X, predicting that the US financial market is brewing a major crisis comparable to the 1929 stock market crash that could trigger the Great Depression(. This statement comes at a time when the US-EU trade agreement has made progress after the latest round of tariff negotiations. Kiyosaki specifically questioned the safety of traditional retirement savings accounts (such as 401)k(, IRA) that heavily rely on stock investments in his post. He cited the actions of investment legends Warren Buffett) and Jim Rogers(, pointing out that both have significantly reduced their holdings in stocks and bonds, opting instead to hold cash) or silver(. "If you don't know why Buffett and Rogers are selling stocks and bonds, you better figure it out," Kiyosaki wrote. Amid concerns over the soaring levels of U.S. national debt and unrestrained money printing, Kiyosaki reiterated his preference for Bitcoin)Bitcoin(, gold)Gold(, and silver. "I firmly hold gold, silver, and Bitcoin," he stated. Kiyosaki has been a strong advocate for Bitcoin and has consistently warned about the U.S. national debt surpassing $37 trillion.
Kiyosaki's stance is clear: supports Bitcoin itself, opposes Bitcoin Spot ETF Despite Robert Kiyosaki's promotion of Bitcoin for many years, he holds a strong opposition to the Bitcoin Spot ETF )Spot Bitcoin ETF(. His main argument is that cryptocurrency ETFs do not represent direct ownership )Direct Ownership( of the underlying asset (Bitcoin), which makes them less credible and more akin to fiat or "paper" assets. "Holding an ETF is like having a picture of a gun for personal defense." He emphasized his point with a metaphor. On the other hand, since the approval for listing in the United States in January 2024, Bitcoin Spot ETFs have gained tremendous market demand. The total net asset value of all ETF issuers in the U.S. has surpassed an astonishing $175 billion. Notably, these Bitcoin ETFs are expected to obtain approval for the In-kind redemptions mechanism, allowing for asset swaps between issuers instead of cash transactions.
Bitcoin Price Trend: Safe-Haven Demand Boosts, Aiming for $120,000 Under the macro background of the calls for 避险资产)Safe Haven Assets( issued by the Bank of Japan and the progress in trade between the US and Europe, the 比特币价格 is showing strong momentum, currently approaching the key psychological and technical resistance level of $120,000. This trend reflects that some market funds are shifting from traditional risk assets to Bitcoin and other 另类价值存储)Store of Value( to cope with potential systemic financial risks.
Conclusion: Robert Kiyosaki's warning of a "Great Depression-level collapse" has sounded an alarming bell for the soaring U.S. stock market. His strongly recommended "gold, silver, Bitcoin" hedge trio, especially his firm support for Bitcoin, stands in stark contrast to his criticism of traditional retirement accounts and Bitcoin ETFs. Despite the explosive growth of Bitcoin spot ETFs, Kiyosaki's emphasis on the ownership of "real Bitcoin" has sparked deep reflections on the nature of cryptocurrency investment. In the complex backdrop of a potential economic storm intertwined with geopolitical issues (U.S.-Europe trade), whether Bitcoin can sustain its upward momentum, break through $120,000, and truly become the mainstream recognized "digital gold" will serve as a key window to observe market risk appetite and macro sentiment. Investors need to closely monitor the debt crisis, policy trends, and ETF capital flows, and prudently position themselves in a diversified anti-inflation asset portfolio.