The author of „Rich Dad, Poor Dad“ acquires Bitcoin (BTC) to protect himself from the approaching disaster. And, as we know, he’s not the only celebrity to acquire Bitcoin, and he won’t be the last.
Bitcoin wins again
During the last months we have seen how almost every week someone decides to join the crypto market for the first time, betting on Bitcoin. In this sense, Robert Kiyosaki, author of the famous book „Rich Father, Poor Father“, assured that he has acquired Bitcoin (BTC) as a refuge.
Kiyosaki wrote on Twitter that we didn’t have the time to think carefully about investing in safe havens. He also said that „the big banking crisis is fast approaching.
But it doesn’t end there. Kiyosaki explained on Twitter that Warren Buffett had divested himself of his shares in banks, reason enough to raise an alarm.
„The Federal Reserve and the Treasury will take over the banking system? How much gold, silver, Bitcoin do you have?“, he wrote.
He has not been the only one, and probably will not be the last, to express warnings about the future of the world economy. In fact, during this month the data seems to ensure that the Fed continues to intervene in traditional markets.
Who will be the next to report that Bitcoin is buying as a safe haven?
Uber’s ex-worker may have paid $100,000 into Bitcoin to hide a hack
Among the most controversial news today is this: Joseph Sullivan, former head of security at Uber, has been indicted by the U.S. Department of Justice for trying to cover up a 2016 hacking with a $100,000 payment at BTC.
Without a doubt, the hack was quite relevant, given that the hackers could have obtained the driver’s license numbers of approximately 600,000 Uber drivers, as well as private information of 57 million users.
However, a spokesman for Sullivan told CoinTelegraph that „the charges against Mr. Sullivan, who is a respected cybersecurity expert and former assistant federal prosecutor, have no merit.
Has Bitcoin been the best asset of value during the crisis?
Report reveals that Tether facilitates capital flight from China
Yesterday a report was published by the analysis firm Crypto Cash, Chainalysis, which found excessive use of Tether in the East Asian region.
The research found that East Asia accounts for 31% of all cryptosystems traded in the last 12 months. In fact, addresses in this region have received $107 billion in crypt coins in this time, which is 77% more than Western Europe, the second highest receiving region.
However, stablecoins play a predominant role, specifically Tether, leaving Bitcoin behind. In fact, it represents 93% of the total value of stablecoins transferred in the region.
So, Philip Bonello, director of research, pointed out that the extraordinary use of stablecoins in the region is due to the fact that they represent access „to U.S. dollars for cross-border payroll, remittances and capital flight from local currencies.