Rich Dad Poor Dad, best selling author and Crypto bull Robert Kiyosaki remains bullish on the future of Bitcoin despite his warning of BTC testing a new bottom, potentially as low as $9,000 per coin.
“I remain bullish on Bitcoin’s future. Waiting for test of new bottom. $20k? $14 k? $11 k? $9 k? Why do I remain bullish? Fed and Treasury are corrupt organizations. They will self-destruct before they regain honesty, integrity and moral compass. Take care. Be aware.”
Regarding stablecoins and the recent Terra LUNA and Terra UST death spiral, Kiyosaki shared the following:
“I was right: “Why STABLE COINS are UNSTABLE.” Just before stable coins crashed I warned they were unstable. Proof I was right is on Rich Dad Radio with friend & Rich Dad’s crypto expert Jeff Wang. The radio show is “Will Crypto Survive” released a week ago. What did I know?”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3wtmi3z
✔ Russia to Legalize Crypto Payments: https://bit.ly/3wCXEhj
✔ Novograts Breaks Terra LUNA Silence: https://bit.ly/39yLQmX
✔ Institutions Dominating Bitcoin Market: https://bit.ly/3wubxy5
✔ Rich Dad’s $9K Bitcoin Prediction: https://bit.ly/3Lo6pzO
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#bitcoin #crypto #bitcoinnews #cryptocurrency #btc
Facebook’s Metaverse and NFT
The concept of a metaverse is not new, but the development of this virtual reality has recently received significant funding. Facebook is a major investor, with their keynote highlighting its potential for 3D social interaction. They are also highlighting the ability to create and collect NFTs (new-fangled tokens).
The metaverse enables users to own virtual land and play games in it, all while earning money. Metaverse-based games include SecondLive, Decentraland, and Axie Infinity. SecondLive is a metaverse that uses the Ethereum blockchain and Axies, a non-fungible digital token. Axies are constructed from over 500 body parts, and can breed up to seven times. The offspring can then be sold on the platform.
Facebook CEO Mark Zuckerberg has also talked about the possibility of creating a “metaverse” and fostering interoperability across platforms. These ideas extend beyond just creating an avatar or transporting digital items across different apps. They also invoke the concept of NFT technology – a digital certificate of ownership. The idea of creating an avatar and transporting it across platforms has never been as plausible as it has been in the past. The Metaverse will remove the barriers between developed and developing economies and enable billions to be onboard the blockchain.
While the concept of a metaverse is new, the technology behind it is still quite mature. Microsoft is testing a version of the technology and its sales have soared. The company is already seeing a rise in sales of its Quest 2 headset, which allows gamers to virtually experience the game without leaving their homes. But critics have questioned the potential of such a social media in a real world. One woman’s experience in the virtual world Horizon Worlds shows that these games are not for everyone.
