Tuesday, October 4, 2022
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Robert Kiyosaki’s views on cryptocurrency

The Russia-Ukraine conflict has resulted in an outpouring of pressure to harm ordinary Russians, many of whom oppose the war. Some international corporations have bowed to pressure, with McDonald’s, Starbucks, and Coca-Cola announcing their exit from Russia.

Crypto exchanges have also been under pressure to act. Although Binance has ruled out a blanket restriction on Russian addresses, Coinbase imposed a suspension on 25,000 accounts in order to “comply with sanctions.”

With the executive order establishing a crypto framework, it would become more difficult to avoid the government’s probing eyes. On the other hand, Rich Dad, Poor Dad author Robert Kiyosaki predicted that this would result in cryptocurrency seizures and the forced adoption of a central bank digital currency.

He tweeted:

 

Kiyosaki’s viewpoint seems extreme, based on Executive Order 6102, which confiscated gold from US citizens in 1933.

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Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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