Robert Kiyosaki, author of Rich Dad Poor Dad, one of the best-selling personal development books, continues to come to the fore with his comments about financial markets. Kiyosaki has long argued that the US dollar is just a piece of paper.
Speaking about the leading cryptocurrency Bitcoin (BTC) and the US dollar as of today, Kiyosaki commented on the latest step taken by Citibank. Citibank announced today that it is offering a new bank blockchain technology. Kiyosaki said the following about this development:
Citibank announced today that it is offering bank blockchain technology to convert corporate savings into Citibank tokens. These tokens can be instantly used for cross-border transactions 24/7.”
Although such a development had occurred in the early years of the leading cryptocurrency Bitcoin (BTC), BTC’s growth coefficient would have been affected, but as of now, it is not expected to have any impact on Bitcoin.
Although Bitcoin is launched as a currency, it has now turned into a value preservation tool. Crypto investors mostly use much cheaper and faster blockchains such as Tron, Polygon or BNB Chain for money transfers and payments.