➡️ TEEKA TIWARI – Investment of the Decade: http://2020.cryptonewsalerts.net
‘Buy Bitcoin’ (BTC) says, “Rich Dad, Poor Dad” best selling author Robert Kiyosaki.
It has been hard to miss the recent tweets from Robert “Rich Dad” Kiyosaki — the Vietnam war veteran turned prominent businessman.
The businessman — who is best known for his book “Rich Dad Poor Dad” — has been calling out Wall Street, the government, our central banks, and other institutions every day for the past few weeks.
Kiyosaki did so once again on May 24th, when he noted that the Mall of America is falling behind on its $1.4 billion mortgage, raising the question: “who is not getting paid?”
“MALL of AMERICA in Minnesota announced it will miss 2nd payment on its $1.4 billion mortgage. An intelligent question is “Who is not getting paid?” Dominos starting to fall. IMF says debt will rise from $6 trillion to $66 trillion by end of 2020. Buy Gold Silver & Bitcoin.”
Kiyosaki believes that the slowing economy, which will be punctuated by defaults on debts like the aforementioned, will result in growth in the prices of Bitcoin, gold, and silver.
As reported by NewsBTC, he postulated last week that he expects Bitcoin to hit $75,000 in the coming three years, while he also expects the price of gold to almost double within a year and for the price of silver to double in five years.
Kiyosaki isn’t the only prominent name in the business world that has recently recommended Bitcoin due to the ongoing macroeconomic environment.
Billionaire hedge fund investor Paul Tudor Jones, for instance, this month decisively entered the Bitcoin space when he promoted the asset in a research note sent out to his clients titled “The Great Monetary Inflation.”
In it, he wrote that due to the leading cryptocurrency’s scarcity and decentralized nature, buying Bitcoin is making much more sense than fiat currencies, which are rapidly being inflated away due to the outbreak of COVID-19. Alex Krüger, a well-respected economist, believes that Jones’ support for Bitcoin is one of the most important events for this space ever:
“The Paul Tudor Jones letter is the single most bullish thing ever written about bitcoin, and it came from Tudor himself. I see it as a game changer. Think many macro investors will follow. Mandate changes and onboarding take time. PTJ will be on CNBC this week.”
In other trending Bitcoin News today: Market Analyst Says This Little-Known Cryptocurrency Will Soar 700% in Two Years Former hedge fund manager Teeka Tiwari says he believes a small-cap cryptocurrency is poised to print major gains over the next 24 months.
Tiwari’s 2020 Phenomenon Playbook lists Crypterium (CRPT) as the number coin with the potential for immense growth, reports IBTimes.
The Wall Street veteran says it could skyrocket by 700% in the next two years based on the forecasted volume of payments that would go through the Crypterium network.
Crypterium is a financial startup spearheaded by former Visa executive Steven Parker.
The company offers two primary products: the Crypterium Wallet and the Crypterium Card, which allow users to buy, exchange, store, and spend their cryptocurrencies with the same ease as traditional currency.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
MALL of AMERICA in Minnesota announced it will miss 2nd payment on its $1.4 billion mortgage. An intelligent question is “Who is not getting paid?” Dominos starting to fall. IMF says debt will rise from $6 trillion to $66 trillion by end of 2020. Buy Gold Silver & Bitcoin.
— therealkiyosaki (@theRealKiyosaki) May 24, 2020
“Rich Dad Poor Dad” Author Continues to Promote Bitcoin as Economy Worsens
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How the US Presidential Elections Impact Global Cryptocurrency Market
The US presidential election is a significant event with far-reaching consequences, not just for the United States but for the global economy as well. As the 2024 election approaches, with Donald Trump potentially facing off against Vice President Kamala Harris, the effects on various economic sectors, including the cryptocurrency market, are increasingly scrutinized.
The cryptocurrency market is particularly sensitive to geopolitical events, and the US elections are no exception. Bitcoin, along with other cryptocurrencies, tends to experience increased volatility during election cycles due to its decentralized nature and its growing role as a hedge against traditional financial systems. Investors closely watch the stances of leading candidates on regulations concerning cryptocurrencies, with the possibility of more stringent regulations under a new administration often leading to short-term market corrections.
For instance, the 2020 election saw Bitcoin prices fluctuate as candidates’ positions on digital assets became a focal point for investors. A similar trend is expected in 2024. If Donald Trump, known for his critical stance on Bitcoin during his first term, re-emerges as a strong contender, there could be renewed concerns about potential regulatory crackdowns. On the other hand, Kamala Harris, though not particularly vocal about cryptocurrency, represents continuity with the current administration, which has taken a more cautious approach to regulation.
As the race intensifies, market analysts predict that a Trump vs. Harris contest will bring heightened volatility to the financial markets, including cryptocurrencies. A Trump victory could spark fears of increased regulation, potentially dampening market enthusiasm. Conversely, a Harris win might maintain the status quo, with gradual progress in crypto regulation, providing a more stable environment for growth.
In conclusion, while the exact outcomes remain uncertain, the US elections will undeniably influence the global economy and the cryptocurrency market. Investors are advised to stay informed and prepared for potential shifts as the election date approaches.
