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The US along with several other nations are examining the viability of CBDC introduction. The author of Rich Dad, Poor Dad, Robert Kiyosaki, has harsh criticism for the likelihood of their introduction as envisioned in the White House executive order.

The governments position on cryptocurrencies and the potential creation of CBDCs were outlined in President Joe Bidens Executive Order, which was signed in early March.

The move is harshly criticized by Kiyosaki who called this action the most treacherous move in US history.

Jim Rickards made his most important announcement today. Its about the most treasonous act in US history Bidens Executive Order 14067. Its communism in its purest form, the creation of CBDC Cental Bank Digital Curreny. Stay awake. Tune in to Rickards. Tune out Biden Take care

Also, Kiyosaki went so far as to call the development of CBDCs communism in its purest form.

In this tweet from July 18, 2022, Kiyosaki was referring to Jim Rickards, a former CIA insider who is also an economist and investment banker with 40 years of Wall Street experience. Rickards had broken the most important news on the presidential order and CBDCs.

As a refresher, President Bidens Executive Order 14067, to which Kiyosaki was alluding, instructs agencies to investigate the potential risks and rewards of establishing the United States own CBDC with the greatest urgency.

Despite his criticism of CBDCs, Kiyosaki is a supporter of Bitcoin (BTC) and the decentralization it offers. In a recent statement, he advised investors to get ready for the biggest sale on Earth after the anticipated bubble breaks.

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Creation of CBDC Are Communism in its Purest Form Says Robert Kiyosaki - Coinpedia Fintech News