RIPPLE CTO responds to the author “Rich Dad Poor Dad” on Bitcoin, Gold and USD
David Schwartz, Ripple CTO, joined the topic of comments under a recently for the investor tweet and author of “Rich Dad Poor Dad” Robert Kiyosaki.
In his last tweet, the financial teacher talked about a virtual position that gold may disappear from Fort Nox and how this US dollar may completely disrupt.
Fort Nox, Bitcoin, silver, and dollar: Keusaki
On Sunday, Robert Keusaki posted a tweet to comment on the recent invitation of Elon Musk to be checked in Fort Nox, where the strategic gold supply of the United States is stored.
Then Musk issued his message quoting a tweet from Senator Mike Lee, who complained that every time he wanted to visit Fort Nox, he was rejected on the basis that this is the military fixation 2A. “
He asked Musk, maybe crawling what if there is no longer gold. Then Michael Celor CEO Michael Celor responded in a traditional way for all bitcoin devices: “Bitcoin is working to repair it.
Now, Kiyosaki began to speculate “What if” Fort Nox is an empty gold. What will happen next, asking and giving his followers an answer: “The American economy will collapse. The dollar will be disrupted. The world will be in a state of chaos.”
He also immediately said he did not think that gold is not present, but he is still like this situation to fight its possible consequences.
Keusaki reminded the community that in the case of the loss of gold, it possesses Bitcoin, material and silver gold, which may come useful because “the US dollar will be toilet paper.” The financial expert also doubled his previous prediction, saying that “silver will be king.” Silver currencies can be used instead of cash, tweet once in 2024.
CTO ripples doubt this result
David Schwartz replied that there is a potential option that American citizens will not care much if gold is present in Fort Nox or not. The only possible result that Ripple CTO has seen in this case that “the price of gold is likely to rise.”
In another comment, he admitted that the collapse of the dollar is in theory in this case, but he believes it is unreasonable.
“The dollar will work itself specifically before and after that, the offer will be the same,” Schwartz pointed out.