Why Investors will win, and Gamblers will lose the Bitcoin game - Robert Kiyosaki

 

As we know bitcoin is important 

it's going to crash i think if it goes to 27 000 a coin i'm going to back up the truck 

i'm going to buy more 

because i'm very optimistic about bitcoin and let me explain why but also why the risk is here this is macro financial education in 1960 and 1980 my generation the boomers didn't like stocks because everybody at my time of when i was a kid everybody said anybody invest in the stock market is a gambler now everybody's in the stock market so how did that happen well in 1974 that brought this thing called a 401k out i won't touch that thing i would not touch a 401k or an ira why because i don't have to you know they tell you exactly to tell you when to wear the mask and when to get a vaccine they tell you what you can invest in in a 401k in an i refuse to do that i refuse to do that but i don't have to do that because as an entrepreneur i create my own assets.

                    I     don't need the stock market you do i'm 

not saying don't invest in i'm not saying don't have a 401k

don't have an ira just screw you i'm not 

going to be tall what to do that's why i'm an entrepreneur you like being told what to do go to school get a job save money pay your taxes get out of debt and invest the stock market i don't want to do that the the 401k it's another way of controlling you and how you earn your money until the day you die more than that it's what you have to invest in they had to do it because my generation wasn't investing in it so that's why 19 between 1960 and 1980 they didn't like stocks so the 401k came out then what happened is in 1987 the stock market crashed.

                    So greens pan comes out he's a federal 

reserve guy remember the federal reserve is not American it's not a government agency so he came out and what greens pan put was what i call a ppt it's the plunge protection team or also called the greens pan put or also what people say don't fight the fit basically what green  span did is every time the stocks crashed the plunge protection team would protect you so my generation the boomers are going well i don't have to worry because every time the market crashes.

                  The federal reserve bank and the 

treasury will bail me out so that's today we have our u.s corporations our zombie 20 of us corporations are zombie corporations it means they're broke but they're being propped up by the federal reserve back in the government that's communism so anyway stocks get protected gold is a good investment because the fed all the central banks in the world now own gold so they're not going to let gold crash they'll do something to make sure the price of gold stays stays up so i don't like stocks but i like gold silver is getting more valuable.