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The words of Robert Kiyosaki

  • Tobiloba Itogbe
  • Jun 29, 2019
  • 2 min read

This is an excerpt from a letter by Robert Kiyosaki: It’s not a matter of “If” crypto will take down the entire financial world, it’s just a question of “when.” You can either get left behind or prepare to become MEGA wealthy. Let me explain... Right now, the bond market is about 500 times bigger than the stock market. And cryptocurrencies are going to replace it all!!! JP Morgan is already experimenting with selling bonds through the cryptocurrencies!!! Without getting too deep… cryptocurrencies allow contracts to be written that do not require middlemen. These contracts are about to completely replace the bond market. If you’re in bonds, you better learn all you can about cryptocurrencies… FAST! Because when the bond market goes down, the world monetary system goes down! And if you think you’re safe because you’re in stocks, think again… because the damage to stocks will be even BIGGER! Companies no longer need to list on Wall Street or NASDAQ. Now, companies can create ICO’s. ICO’s are Initial Coin (cryptocurrency) Offerings. Basically, the same thing as IPOs but with no middlemen and the security of cryptocurrencies. You’re going to have companies saying each cryptocurrency represents a certain percentage of their company. Why should we go to the stock market if we can get the liquidity now? We can just trade our equity now for the same amount of fundraising with more security and no middlemen fees and charges. This is the new way to raise money. It’s also the new way to make money. By buying these ICO’s early and coming away with unreal gains. The banks are shaking in their pants. To make life better, - Robert Kiyosaki

 
 
 

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