Cryptocurrencies invade the Fed

American entrepreneur and writer Robert Kiyosaki, known worldwide for his series of books on investing, shared his opinion on investing in new classes of assets, including cryptocurrencies.

“Cryptocurrencies, including bitcoin, seem extremely interesting to me. They swung at the Fed – one of the most powerful financial institutions in the world. And they climb onto its territory, ”said
it.

However, Kiyosaki is in no hurry to buy cryptocurrencies, recognizing that he does not understand their technical side. “If you are young enough and you like these assets, this can be an interesting investment opportunity for you. I think that now is an exciting time. Invest in what you like, ”he says.

About a year ago, the former head of the Fed Janet Yellen noted that she was not impressed with bitcoin. “There are a lot of cryptocurrencies and, perhaps, some of them are something acceptable. But, in my opinion, very few people use bitcoin, as evidenced by the small number of transactions. And many of them are illegal, ”she said.

Read This Now: Oil prices start to rise amid OPEC+ production cuts

Economist Alan Greenspan, who served as Fed Chairman for over 18 years, long before Yellen, is also critical of cryptocurrencies. “Bitcoin must have intrinsic value. You will have to work hard to imagine if he has such value. I don’t see her, ”he said.