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Cryptocurrency News Articles

Bitcoin Stands Resilient as World War III Looms, Predicts Robert Kiyosaki

Apr 19, 2024 at 06:21 pm

Amid escalating geopolitical tensions, investor Robert Kiyosaki warns of a potential World War III, expressing concern about global uncertainties. However, he predicts that Bitcoin (BTC) will thrive in such situations, highlighting the increasing demand for digital assets as banks face challenges. As Bitcoin nears its halving event less than 100 blocks away, analysts anticipate a bullish trajectory post-halving, with Bernstein projecting a target of $150,000 by 2025.

Bitcoin Stands Resilient as World War III Looms, Predicts Robert Kiyosaki

Amid Escalating Global Tensions, Bitcoin Stands Resilient as World War III Looms, Predicts Robert Kiyosaki

As geopolitical tensions escalate around the globe, renowned investor Robert Kiyosaki, author of the financial literacy bestseller "Rich Dad Poor Dad," expresses deep concern, warning that we stand on the precipice of World War III. Amidst this perilous landscape, Kiyosaki reveals his unwavering confidence in the resilience of Bitcoin.

In an exclusive interview with Trends Journal's Gerald Celente, Kiyosaki analyzes the convergence of geopolitical turmoil, economic uncertainty, and the state of precious metals and cryptocurrencies. He observes a worrying trend towards global conflict, coupled with the precarious condition of global banking institutions. This tumultuous backdrop, he believes, will fuel the demand for both precious metals and digital assets, including Bitcoin.

"We're talking about a 'golden year' for gold, and that's because the banks are failing," Kiyosaki asserts. "Everybody knows that too!" However, he notes that Bitcoin's trajectory is equally compelling, soaring in value despite the prevailing geopolitical headwinds.

"But the part that worries me the most is World War 3, which we are on the verge of," Kiyosaki laments.

With the world on tenterhooks, Bitcoin's next halving event looms on the horizon, merely 100 blocks away. This pivotal event, occurring approximately every 210,000 blocks, is expected to take place on April 20th, 2024, at 11:00 a.m. Pacific Time. During this halving, the reward for miners who process transactions and add them to the Bitcoin blockchain will be slashed by 50%, from 6.25 BTC to 3.125 BTC per block.

Analysts at Bernstein, a leading research and brokerage firm, anticipate that Bitcoin's bullish momentum will continue post-halving. They forecast a price target of $150,000 by the end of 2025. However, Rikke Staer, CEO of Coinify, suggests that the halving could trigger a "sell the news" event, potentially dampening demand.

Despite these contrasting viewpoints, it remains undeniable that Bitcoin's fundamentals remain strong. Miner revenues have surged this year in tandem with the rising price of BTC. Yet, the full impact of the halving on network metrics and the mining landscape remains uncertain, particularly for less efficient mining operations.

As the world teeters on the brink of chaos, Bitcoin emerges as a beacon of resilience and potential stability. Its decentralized and unconfiscatable nature makes it an attractive asset in times of economic and political turmoil. While the road ahead remains uncertain, Bitcoin's ability to weather geopolitical storms and thrive amidst adversity has solidified its position as a safe haven for investors seeking shelter from the coming storm.

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