Real estate billionaire and author of Rich Dad Poor Dad, Robert Kiyosaki, says he’s buying more Bitcoin amid Donald Trump’s strategic crypto reserve announcement.
In a bold and transformative move for the cryptocurrency sector, President Donald Trump has signed an executive order to create a Strategic Bitcoin Reserve.
While the primary focus is on bitcoin, this initiative could have significant implications for altcoins like XRP, ether, Solana, and Cardano, solidifying their place in the evolving digital asset landscape.
However, American investor and entrepreneur Robert Kiyosaki is primarily focused on Bitcoin, the asset he’s been urging investors to buy and hold for years now.
Robert’s main reason for buying and holding Bitcoin over the years is because he “doesn’t trust the government.”
“I don’t trust the federal reserve bank. I don’t trust the treasury. I don’t trust basement Biden, and I don’t trust the stock market,” the Rich Dad Poor dad author has said.
He took it to X, formerly Twitter, to post why he thinks this strategic Bitcoin reserve is important stating:
“WHY is President Trump signing the Bitcoin Strategic Reserve so important?
A: Because President Trump is a leader, unlike Biden or Kamala.
The rest of the world’s political and business leaders will follow our LEADER….President Trump.
That’s why President Trump signing the Bitcoin Strategic Reserve Act is important….if you too….are a leader.
Or you too….can be a critic and a coward like Biden and Kamala.
Your choice. I’m buying more Bitcoin.”
White House Crypto and AI Czar David Sacks emphasized that this reserve is intended as a permanent store of value.
The U.S. government currently holds around 200,000 Bitcoin, and this executive order aims to bring much-needed transparency and oversight to these federal digital assets.
While the reserve primarily spotlights Bitcoin, the inclusion of other digital currencies in the broader strategy cannot be ignored.
The executive order also establishes a U.S. Digital Asset Stockpile to manage other confiscated cryptocurrencies, hinting at a more integrated approach to digital assets as a whole.
As Nic Carter, a venture capitalist, pointed out, the U.S. committing to a Bitcoin reserve validates the entire crypto market, enhancing the perception of all digital assets.
The executive order not only solidifies Bitcoin’s role but also opens doors for altcoins to thrive in an increasingly digital economy, ensuring they remain a vital part of the financial landscape moving forward.
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Also Read: Analyst expects XRP to surge to $33 within 28 days
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