Robert Kiyosaki, the famous author of the best-selling book Rich Dad Poor Dad, says that crypto exchange is not responsible for any problems after the collapse of FTX. He expressed his valuable thoughts about the FTX collapse and cryptocurrencies and said that the bankruptcy filing of FTX and the resignation of its CEO should not make much difference to the bitcoin and crypto industry.
The famous author’s book is Rich Dad Poor Dad and more than 32 million copies of the book have been sold in more than 109 countries in more than 51 languages. Due to the explosion of FTX many investors tried to get out of crypto and realized that crypto is now risky so he tweeted that bitcoin is not the problem and neither is gold more inflationary than silver. There is a reason. On the contrary, he made a different claim that the real problem is actually the Federal Reserve, anti-crypto-Marxist authors, staunch opponents of bitcoin, and even US senators who are targeting bitcoin securities with FTX. He said that it is very important to have bitcoin and other digital currencies for healthy and successful trading.
Shark Tank star Kevin O’Leary holds an equity stake in FTX and has signed a multi-year deal to become the crypto exchange’s ambassador and spokesperson. His compensation was paid in crypto and managed on the FTX platform. Bankman-Fried is also a major donor to the Democratic Party. The former FTX chief was the second-biggest donor to Democrats in 2021-22, donating $39.8 million, according to Open Secret political donor data.
This is to say that the famous author is a bitcoin investor himself and continues to encourage investment in bitcoin and warns when a crypto currency does not perform well.
We can say that the article’s views about bitcoin are really commendable which shows how much aware he is about crypto and its backed currency.
