{"id":165769,"date":"2023-09-30T17:05:21","date_gmt":"2023-09-30T11:35:21","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=165769"},"modified":"2023-09-30T17:05:21","modified_gmt":"2023-09-30T11:35:21","slug":"rich-dad-poor-dad-author-names-bitcoin-as-antidote-to-hyperinflation-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/rich-dad-poor-dad-author-names-bitcoin-as-antidote-to-hyperinflation-crypto-news\/","title":{"rendered":"&#8216;Rich Dad Poor Dad&#8217; Author Names Bitcoin as Antidote to Hyperinflation &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/u.today\/godfrey-benjamin\"><\/p>\n<p><\/a><\/p>\n<div class=\"article__lead-info\"><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/u.today\/godfrey-benjamin\">Godfrey Benjamin<\/a><\/p>\n<p>Financial expert Robert Kiyosaki pitches Bitcoin as solution to high inflation<\/p>\n<\/div>\n<\/div>\n<div>\n<p dir=\"ltr\">With almost every country on Earth today battling excessive inflation, major financial experts like the &#8220;Rich Dad Poor Dad&#8221; Author Robert Kiyosaki have been sounding alarms on how many can reposition and fight this inflationary war with their investment choices. Again, Kiyosaki has leveraged the X platform to\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1707979219031241196\">advocate<\/a> for Bitcoin (BTC), keeping his publicity for the coin steady.<\/p>\n<p dir=\"ltr\">In his recent admonition, Kiyosaki defined what hyperinflation represents, which is not the misconception that price is going up, but the exact opposite. He\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/rich-dad-poor-dad-author-issues-another-bitcoin-btc-buy-signal\">highlighted<\/a> that with hyperinflation, the purchasing power of someone&#8217;s money is actually going down, a situation that can present a bad economic status.<\/p>\n<p dir=\"ltr\">In order to prevent this, Kiyosaki advised his more than 2.4 million followers on X to buy Gold, Bitcoin and Silver to stand up tall later.<\/p>\n<blockquote>\n<p dir=\"ltr\">&#8216;Don&#8217;t be a loser. Buy gold, silver, &amp; Bitcoin and be a winner not a loser,&#8217; he said emphatically.<\/p>\n<\/blockquote>\n<p dir=\"ltr\">Over the past decade, many have actually grown to see Bitcoin as a major hedge against inflation in recent times. While Gold takes up the de facto role in the investing world, Bitcoin is now notably evolving enough to also assume this role.<\/p>\n<h2 dir=\"ltr\">Bitcoin gaining wings<\/h2>\n<p dir=\"ltr\">Besides Kiyosaki&#8217;s\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/rich-dad-poor-dad-author-kiyosaki-issues-major-warning-get-money-out-of-banks-now\">consistent call<\/a> to buy Bitcoin, many entities in the financial ecosystem are notably doubling down on their overall embrace of the premier cryptocurrency in recent times, a trend that appears to be giving the coin the right-sized wings to fly.<\/p>\n<p>At the time of writing, the digital currency is changing hands at a price of $26,960,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\">according<\/a> to data from CoinMarketCap. At the moment, the coin has soared as high as 62.91% in the year-to-date (YTD) period, lending credence to how well the digital currency\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/bitcoin-price-above-20000-surprises-coinbase-ceo\">can help preserve capital<\/a> and return value to its holders compared to traditional assets that generally depreciate with inflation.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Godfrey Benjamin Financial expert Robert Kiyosaki pitches Bitcoin as solution to high inflation With almost every country on Earth today battling excessive inflation, major financial experts like the &#8220;Rich Dad Poor Dad&#8221; Author Robert Kiyosaki have been sounding alarms on how many can reposition and fight this inflationary war with their investment choices. Again, Kiyosaki [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":165770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-165769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=165769"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165769\/revisions"}],"predecessor-version":[{"id":165776,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165769\/revisions\/165776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/165770"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=165769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=165769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=165769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}