In the current context of high uncertainty in the global economy, many seasoned investors are re-evaluating their asset allocation. Robert Kiyosaki, the author of "Rich Dad Poor Dad," has recently drawn market attention with his view that Bitcoin is becoming a safe-haven asset during economic crises.
Market pressure is indeed increasing. The overall cryptocurrency market is not optimistic, having evaporated more than $1.92 trillion in market value in just the past three months. However, Kiyosaki's logic is quite interesting: it is precisely the fragility of this financial system that opens the door of opportunity for investors who timely turn to hard assets. He candidly stated on social media, "While the world economy collapses, you will become richer"—this statement reflects a significant shift in the mentality of many investors.
Coincidentally, the latest actions of the Federal Reserve seem to confirm this concern. On December 10, the Federal Reserve announced a 25 basis point reduction in the benchmark interest rate, bringing the federal funds target rate range to 3.50%-3.75%, the lowest since the end of 2022. This marks the third rate cut this year. Interestingly, the vote was not unanimous — 9 votes in favor and 3 against, with internal disagreements among the opposition, where some insisted on maintaining the status quo, while others advocated for a more aggressive rate cut.
From a data perspective, the Federal Reserve is still continuing the other side of quantitative easing - quantitative tightening officially came to an end in December. This policy, which started in 2022, has had a profound impact on the financial markets.
So the question boils down to: in such a macro background, are Bitcoin and precious metals a risk hedge or a true wealth growth channel? The answer varies from person to person, but a consensus is forming - in an era where central bank policies are constantly adjusting and the traditional financial system is under pressure, re-evaluating the value of alternative assets is no longer a topic exclusive to niche investors.
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SerumSqueezer
· 12h ago
Qingqi, that old guy, is starting to promote Bitcoin again. He claims it's a safe haven, but in reality, he just wants to attract people to enter the market... In three months, 1.92 trillion yuan evaporated. Do you dare to say there's no risk?
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ChainBrain
· 12h ago
Kiyosaki really dares to say that, that the economy collapsing would make you wealthier? Come on, most people will just become poorer.
This rate cut is really interesting. Even the Federal Reserve is divided internally, which shows they haven't thought through any of the issues.
Losing 19.2 trillion, and still discussing hedging? I think it's just self-comfort.
Quantitative easing is turning into tightening. Is the traditional financial system really unable to withstand this? But on the other hand, hard assets definitely need some allocation.
Everyone is researching alternative assets, which is actually a lack of confidence in the central bank's policies.
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MetaNeighbor
· 12h ago
I've heard this set of words from Cleese too many times; it's always more pleasant to talk than to act.
In the current context of high uncertainty in the global economy, many seasoned investors are re-evaluating their asset allocation. Robert Kiyosaki, the author of "Rich Dad Poor Dad," has recently drawn market attention with his view that Bitcoin is becoming a safe-haven asset during economic crises.
Market pressure is indeed increasing. The overall cryptocurrency market is not optimistic, having evaporated more than $1.92 trillion in market value in just the past three months. However, Kiyosaki's logic is quite interesting: it is precisely the fragility of this financial system that opens the door of opportunity for investors who timely turn to hard assets. He candidly stated on social media, "While the world economy collapses, you will become richer"—this statement reflects a significant shift in the mentality of many investors.
Coincidentally, the latest actions of the Federal Reserve seem to confirm this concern. On December 10, the Federal Reserve announced a 25 basis point reduction in the benchmark interest rate, bringing the federal funds target rate range to 3.50%-3.75%, the lowest since the end of 2022. This marks the third rate cut this year. Interestingly, the vote was not unanimous — 9 votes in favor and 3 against, with internal disagreements among the opposition, where some insisted on maintaining the status quo, while others advocated for a more aggressive rate cut.
From a data perspective, the Federal Reserve is still continuing the other side of quantitative easing - quantitative tightening officially came to an end in December. This policy, which started in 2022, has had a profound impact on the financial markets.
So the question boils down to: in such a macro background, are Bitcoin and precious metals a risk hedge or a true wealth growth channel? The answer varies from person to person, but a consensus is forming - in an era where central bank policies are constantly adjusting and the traditional financial system is under pressure, re-evaluating the value of alternative assets is no longer a topic exclusive to niche investors.