World famous financial guru says adopt Bitcoin to fight against “CBDC”
Robert Kiyosaki warned people to remain ready with initial plans to fight against the US digital dollar, or say CBDC.
The Central Bank Digital Currency (CBDC) is a concept of a centralized form of sovereign fiat currency powered by blockchain technology. At the present time, more than 20 countries have already developed & tested their CBDC. More than 100 countries are studying & developing their CBDC, to bring modernization to their existing digital payment services.
On 29 Sep 2023, Robert Kiyosaki, a world-famous financial guru, shared his opinion on the American CBDC, which is under development, and indirectly suggested people prepare themselves ready to against the centralised power of CBDC.
Kiyosaki said that people will not get privacy with CBDC and also the Federal Reserve will monitor everyone’s financial transactions.
Furthermore, the financial guru said that if CBDC is launched for use then in that situation people will start to move rapidly toward other best payment options like Cash form of money, Gold, Silver, & also Bitcoin.
According to Kiyosaki, people should take notice of this situation in advance to remain ready to fight against CBDC.
Here Kiyosaki is not alone who is opposing the CBDC concept as an alternative to the cash form of the US dollar. Earlier this, many US Senators & lawmakers showed their anger & disappointment against CBDC and also supported bills to ban CBDC or restrict the CBDC development under a particular framework, so that no government can use CBDC as a weapon against citizenship.
Bitcoin price action
The current trade price of Bitcoin is $27,015 & this trade price is 2.19% high over the last 24 hours trade price.
Since the beginning of this year, the Bitcoin trade price is up by 60%, which is huge over any stock or other top asset. According to some Bitcoin analysts, the trade price of Bitcoin will surge more in 2024, so it is time to accumulate Bitcoin as much as we can.
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