“The Bitcoin Revolution Will Be Bigger Than The Gunpowder Revolution”

Despite the cryptocurrency market flashing red again as the price of Bitcoin (BTC) dropped more than 9% in the past 24 hours, the flagship decentralized finance (DeFi) token has at least one vocal supporter in its corner.

Indeed, the author of the personal finance book “Rich dad, poor dad” Robert Kiyosaki, explained why he believes Bitcoin will be bigger than anything seen before in an interview with Kitco News ” Michelle Makori published

on September 14.

As it happens, Kiyosaki wrote in his other book, ‘The Capitalist Manifesto’that “the Bitcoin revolution will be bigger than the gunpowder revolution”, referring to the invention of gunpowder and its dramatic and critical impact on the human race and its business.

Bitcoin as the great auditor?

Explaining his position, he called Bitcoin a necessary “auditor” to control the Fed, which he considers a Marxist organization “because it is a central bank” and to “fight”. As she stated:

“The young people who are coming today want the blockchain because we need an auditor. (…) Say I’m playing against you [in the Cashflow Board Game]and you make a move. I need to check your statement – this is what blockchain does.

Kiyosaki and his wife created the Cashflow board game in 1996 as an interactive tool created on the basis of the lessons of “Rich dad, poor dad”to teach financial education how “we must fight back”.

‘Profits made when you buy, not when you sell’

In June, Kiyosaki released a tweet asking to test the Bitcoin low at $ 1,100, stating that he was waiting for this low and that “if it recovers, I’ll buy more. If not, he’ll wait for the losers to “give up” and then buy more. “

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Explaining his point of view in the interview, he said:

“I am very optimistic and bullish on the blockchain. If Bitcoin drops to $ 1,000, I’m backing up the truck. But if it comes to $ 25,000 [I’m] you don’t buy anymore. So you make money when you buy, not when you sell “.

It is worth mentioning that, in early July, Kiyosaki warned people to be proactive and not to “bury their heads in the sand,” pointing out that millennials loved instant gratification and found it with cryptocurrencies, as reported by Finbold.

Meanwhile, Bitcoin was at press time at $ 20,357, down 9.03% from the day, but still up 8.31% in the previous seven days, with a market cap of $ 389.96. billions, according to data recovered by CoinMarketCap.

Watch the entire interview below:

Featured image via Cavaleria Com Youtube

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