Bitcoin Is Best-Performing Asset in History: Raoul Pal
Main Idea
Raoul Pal defends Bitcoin as the best-performing asset in history against Financial Times' criticism, while Robert Kiyosaki expresses cautious approval of Bitcoin ETFs but prefers owning real Bitcoin.
Key Points
1. Raoul Pal responded to Financial Times' criticism of crypto, calling Bitcoin the 'best-performing asset in all history' and dismissing FT's stance as outdated.
2. Robert Kiyosaki, author of 'Rich Dad Poor Dad,' praised Bitcoin ETFs for the first time but emphasized that owning real Bitcoin, gold, and silver is preferable.
3. Kiyosaki compared Bitcoin ETFs to 'having a picture of a gun for personal defense,' suggesting they are inferior to holding actual assets.
4. The article highlights ongoing debates about the value and legitimacy of cryptocurrencies and ETFs versus physical ownership.
Description
Crypto expert Raoul Pal argues with Financial Times about Bitcoin and crypto
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