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Robert Kiyosaki – author of the 32 million-copy bestseller ‘Rich Dad Poor Dad’ – has taken a coy stance on Bitcoin’s David and Goliath-like battle with the Fed.
In a recent Robert Kiyosaki interview with Bloomberg, he said “I think it’s so interesting. they’re taking on the FED, one of the most powerful banks ever created. And they’re messing into their territory. That’s like me taking on McDonald’s. So I think they’re gonna step on them. I think it’s a very exciting time.”
In other Bitcoin news today:
Clem Chambers, market analyst and CEO of global finance tracker ADVFN, says he thinks the price of one Bitcoin could climb to $100 million or higher.
In a new article at Forbes, Chambers writes that because of Bitcoin’s increasingly limited supply, he believes one Satoshi could one day be worth $1 or more.
There are 100 million Satoshis in each Bitcoin, meaning if Chambers is right, one BTC would be worth $100 million.
He points to Bitcoin’s halvings, which cut the supply miners earn in half every year, as the main mechanism that will power the rising price of the leading cryptocurrency.
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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.