דאָס איז וואָס דער ריטש טאַטע, נעבעך טאַטע מחבר בויז ביטקאָין אַנשטאָט פון אַלטקאָינס

Robert Kiyosaki believes the US regulators will go hard against most alternative coins once they are classified as securities.

As such, the author of several best-seller books continues to invest only in bitcoin, which the CFTC and even the SEC have said is a commodity.

Kiyosaki on BTC and Altcoins

The 75-years old US entrepreneur, author, and investor changed his tune on the primary cryptocurrency during the COVID-19-induced crisis, saying the asset had proven itself in times of extreme uncertainty. He has used every opportunity since then to praise BTC and רעקאָמענדירן people to start buying.

He has also compared bitcoin to gold and silver in the past, and he did the same in his most recent Twitter post, which carried a question about whether he is investing in the digital asset. Kiyosaki sees a grim future for most altcoins since he believes they fall under the “securities” category.

At the same time, BTC has been קלאַסאַפייד ווי אַ סכוירע for years by the US Commodity Futures Trading Commission. This is why Kiyosaki asserted that he continues to accumulate bitcoin.

ק: זענט איר ינוועסטינג אין ביטקאָין?
א: יאָ איך בין. איך בין זייער יקסייטאַד וועגן ביטקאָין. פארוואס? ווייַל ביטקאָין איז קלאַסאַפייד ווי אַ סכוירע פיל ווי גאָלד, זילבער, און ייל. רובֿ קריפּטאָ טאָקענס זענען קלאַסאַפייד ווי אַ זיכערהייט און סעק רעגיאַליישאַנז וועט צעטרעטן רובֿ פון זיי. איך קויפן מער בק

- therealkiyosaki (@theRealKiyosaki) דעצעמבער קסנומקס, קסנומקס

Commodities Vs. Securities

The cryptocurrency industry has been torn by US regulators trying to determine the nature of the largest assets. While the situation with bitcoin seems to be ומלייקנדלעך, the ongoing legal battle between the SEC and Ripple Labs over XRP continues to cast a dark shadow and bring uncertainty.

The case with Ethereum’s native cryptocurrency is rather similar, and it got even more complicated following the blockchain’s צונויפגיסן. Ever since the completion of the long-anticipated transition from proof of work to proof of stake, several US officials have קליימד that ETH could become a security now.

Even the SEC Chair Gary Gensler געווארנט that staking could be officially considered as an investment, which would turn ETH into a security and put it under his agency’s scope.