Author: Perry

Robert Kiyosaki highlighted Gresham’s and Metcalfe’s Laws as the key to Bitcoin’s value.  The U.S. government’s growing Bitcoin reserves may boost demand and influence market trajectory. As Bitcoin [BTC] continues to gain traction, Robert Kiyosaki, renowned financial analyst and author of the book “Rich Dad Poor Dad,” highlighted BTC’s superiority over the U.S. dollar. Robert Kiyosaki on Bitcoin vs. U.S. dollar In a recent X post, Kiyosaki underscored his optimism for the cryptocurrency, citing Gresham’s Law and Metcalfe’s Law as fundamental principles reinforcing Bitcoin’s long-term value and utility. Beginning with Gresham’s Law, he explained, “When BAD  money enters a system…

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The Renters’ Rights Bill legislation that prohibits ‘bidding wars’ could have an adverse effect on the market, Goodlord chief executive William Reeve has warned. Reeve said an unintended consequence would be for landlords to ‘overprice’ their properties due to the expectation that they will be negotiated down. He added there was a similar scheme in New Zealand that was ultimately scrapped due to this effect. Reeve was speaking at a gathering of industry leaders hosted by lettings platform Goodlord, which featured NRLA chief executive Ben Beadle, Propertymark chief executive Nathan Emerson, the British Property Federation’s director of policy Ian Fletcher, and…

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Prices for the American dream home have skyrocketed. The U.S. housing market has been an unlikely beneficiary from Covid-19. The pandemic encouraged city dwellers to move to the suburbs as families looked for home offices and bigger yards. “Everybody expected housing to really sort of dry up with the rest of the economy,” said National Association of Home Builders CEO Jerry Howard. “And in fact, the opposite has happened. People who have been sort of scared out of the cities by the pandemic.” With homeowners unwilling to sell, a record low supply of homes for sale has forced buyers into…

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According to a recent report, the newly-elected President Donald Trump is expected to call El Salvador’s President and Bitcoin lover, Nayib Bukele. On Thursday, U.S. President Donald Trump is set to engage in a discussion with El Salvador’s President Nayib Bukele. The Call, scheduled for 3 p.m., will focus on crucial regional and bilateral matters.  JUST IN: 🇺🇸🇸🇻 President Trump to hold call today with El Salvador’s pro-Bitcoin President Nayib Bukele. pic.twitter.com/8igFaQhStt — Watcher.Guru (@WatcherGuru) January 23, 2025 However, the White House has not disclosed specific details regarding the agenda. This conversation marks an important diplomatic engagement between the two…

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General Motors is working to regain Wall Street’s confidence heading into 2024 with several investor-focused initiatives Wednesday following a tumultuous year. The Detroit automaker is initiating a stock buyback, increasing its dividend and reinstating its full-year 2023 guidance. source

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WHAT NATION can you fit into the Capitol Rotunda? Answer: somewhere between a Portugal and a Thailand. Each country’s total household net wealth was $1.3trn, give or take, according to the latest available figures from a few years ago. This is around the accumulated fortune of the billionaires who turned up for Donald Trump’s second presidential inauguration in Washington on January 20th. Bernard Arnault, owner of LVMH, a luxury empire, and Europe’s richest man, represented the old continent’s fat cats. Mukesh Ambani, an Indian industrialist who is Mr Arnault’s Asian opposite number, stood in for the global south’s. Source link

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Goldman Sachs CEO David Solomon has shared his thoughts on the role that Bitcoin plays in the global financial system. At a recent event, Solomon denied that Bitcoin or other cryptocurrencies might threaten the US dollar’s dominance. His remarks demonstrate how warily the conventional financial industry is reacting to the rising acceptance of digital assets. Bitcoin’s Volatility A Significant Issue Solomon claimed Bitcoin’s high fluctuations make it unreliable as a means of exchange or a safe place to keep value. He acknowledged that cryptocurrency is well-known for being speculative in nature, but he pointed out that it can’t compete with…

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