U.Today – The price of the leading virtual currency (BTC) continues to rise relentlessly, hitting one historic high after another, periodically forcing latecomers and overly greedy traders into bloody liquidations of billions of dollars. It is dropping to. However, it is true that the numbers have so far gone up.
Therefore, Robert Kiyosaki, a famous financial motivator and author of the best-selling book “Rich Dad Poor Dad” touched on the topic of BTC performance in a new post. In his post, Kiyosaki wrote that as the price of Bitcoin rises, the wealthy are getting richer because fewer than 1 in 8 million people will likely be able to write a $106,000 check on the spot. He argues that it is clear that there is.
Does this mean, the authors ask, that only the wealthy who can buy Bitcoin entirely with cash will become richer? And what happens when the price of Bitcoin rises? No, of course not, argues Kiyosaki.
In his opinion, that's the genius of Bitcoin. Although a person can only buy half a Satoshi, the smallest division of BTC, the design of the cryptocurrency is democratic and those who cannot write a check for the full $106,000 have an equal opportunity to become richer. I can do that. You can write a check for $106,000.
“The lesson…Bitcoin is democratic…pure design genius…” Kiyosaki reflects, but quickly warns that don't delay and start getting rich today, or at least start buying Satoshi. , could someday reach a price of $106,000.
Many people may take this advice as they please and either follow Mr. Kiyosaki or reject him, but I disagree with the fact that Bitcoin is so well designed that you can buy even 1 in 10,000 of it. is difficult to chant.
This article was originally published on U.Today