Robert Kiyosaki, the author of the bestselling personal finance book Rich Dad Poor Dad, revealed that he is buying more BTC at current rates.
In his tweet, Kiyosaki claims that the Securities and Exchange Commission (SEC) will “crush” most altcoins with its rules, suggesting that this is why he is currently only bullish on BTC.
”I am very excited about Bitcoin. Why? Because Bitcoin is classified as a commodity much like gold, silver, and oil. Most crypto tokens are classified as a security, and SEC regulations will crush most of them. I am buying more BTC,” he said.
Kiyosaki also said last month that those who own gold, silver, and BTC will become richer when the Federal Reserve, the Treasury, and Wall Street pivot and trillions of dollars are printed.
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