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CoinDesk
CoinDesk
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
about 3 hours ago
Okan KAYA
Okan KAYA
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Famous millionaire Robert Kiyosaki, author of the book “Rich Dad Poor Dad”, made statements implying that Bitcoin (BTC) and the dollar are coming to an end. Robert Kiyosaki, who often stands out with his pro-Bitcoin rhetoric, surprised this time. In his statement on social media on Tuesday, September 26, the millionaire implied that Bitcoin and the dollar could be removed from the market with the move of Citigroup, one of the world's largest banks. Highlighting that Citibank, one of the world's largest banks, shared its blockchain technology with the public to issue its own token, Kiyosaki predicted a bad future for Bitcoin and the dollar, reminding that this project will open corporate savings products to cross-border transactions 24/7. Kiyosaki made an allusion that this step taken by Citibank could serve a safer and wider customer base, and at this point, it could leave Bitcoin and the dollar out of the game. He added, “Goodbye Bitcoin and dollar?” The millionaire started with the following statements: Goodbye Bitcoin and dollar? Citibank today announced that it is offering blockchain technology to convert corporate savings into Citibank tokens that can be used for instant cross-border transactions 24/7. Goodbye BTC and dollar? Last week, Citigroup launched the pilot application of Citi Token Services to offer digital asset solutions to its corporate customers. #BTC #BinanceTournament #crypto2023 #ETH # #XRP

2 days ago
Benzinga
Benzinga
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Author of “Rich Dad Poor Dad,” Robert Kiyosaki, pondered whether it was time to bid farewell to both— Bitcoin (CRYPTO: BTC) and the U.S. Dollar. What Happened: In a statement on X, formerly Twitter, Kiyosaki said, " Citibank announced today it is offering bank blockchain technology to turn institutional savings into Citibank tokens which can be used for instantaneous 24/7 cross border transactions. Bye bye BC & US $?" BYE BYE Bitcoin & US Dollar? Citibank announced today it is offering bank block chain technology to turn institutional savings into Citibank tokens which can be used for instaneous 24/7 cross border transactions. Bye bye BC & US $? — Robert Kiyosaki (@theRealKiyosaki) September 26, 2023 Kiyosaki’s question arose following Citibank’s announcement of a business service that incorporates blockchain technology. The service, known as Citi Token Services, aims to revolutionize instant payments through the use of smart contracts. Citi Token Services facilitates the scheduled transfer of tokenized deposits, enabling swift and seamless payments that can be conducted around the clock. Will The SEC Finally Approve Long-Awaited Bitcoin Spot ETF? Ask industry experts directly at Benzinga's Future of Digital Assets event happening in NYC on Nov. 14, 2023. Be a part of the discussions where you won't just be a passive spectator. Don't let this chance slip away – secure early bird discounted tickets now! See More: A Stay At The Floating Palace From James Bond's ‘Octopussy Why It Matters: Last week, taking to X, Kiyosaki on Sunday said that fiat money is "toast" and crypto is the way forward. Kiyosaki shared his thoughts while attending the TOKEN2049 cryptocurrency conference in Singapore. “Crypto is the future. Fiat…a.k.a. FAKE money is toast,” he tweeted. Kiyosaki has expressed his admiration for gold, silver, and Bitcoin, which he refers to as "digital gold." He believes these assets are of utmost importance. In fact, in April he predicted that Bitcoin would soon reach $100,000, attributing this to Bitcoin being the "people's money" and gold and silver being "God's money."  Photo: Robert Kiyosaki Wikimedia Commons Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent? © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

3 days ago

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