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Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has cautioned against a common mindset he believes keeps many people financially stuck. His book has been a long-standing bestseller, translated into dozens of languages and read by millions worldwide seeking a path to financial freedom. Kiyosaki shared on social media platform X on March 23: “The main reason poor people remain poor is due to FOMM: Fear of Making Mistakes. The biggest opportunity in history is here. Bitcoin has made it easy for everyone to become rich. Yet most people with FOMM will miss one of the greatest wealth creations in history.” The acclaimed author believes that FOMM (Fear of Making Mistakes) is a deeper psychological barrier than FOMO (Fear of Missing Out). According to Kiyosaki, FOMM is what stops intelligent, often highly educated individuals from taking financial action, especially when it comes to investing in emerging opportunities like bitcoin. He continued: If history is any indicator, the FOMO crowd investing in bitcoin will accelerate into generational wealth … the FOMM crowd will wait till bitcoin passed $200K this year and say: ‘bitcoin is too expensive.’ The renowned author emphasized that the window of opportunity with bitcoin is still open but closing fast. He urged his followers to educate themselves by listening to voices from both sides of the bitcoin debate. “Don’t take my word for it. Listen to the people I follow and learn them,” he advised, noting that people he follows include Jeff Booth, Michael Saylor, Samson Mow, Max Keiser, Donald Trump, George of Cryptos R Us, Mark Moss, Larry Lepard, Kathy Wood, Raoul Pal, and Anthony Scaramucci. “Then listen to those who trash bitcoin,” he further shared, adding: Once you learn from those who love bitcoin and those who hate bitcoin, then you decide. Kiyosaki, a long-time advocate of bitcoin, sees it as a revolutionary financial tool and a hedge against fiat currencies. He’s frequently warned of the declining U.S. dollar, the fragility of the economy, and the outdated lessons taught in schools. His core message remains consistent: embrace financial education, overcome the fear of making mistakes, and seize opportunities like bitcoin before it’s too late. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

In a recent report, financial analyst Ed Dowd, founding partner of investment firm Phinance Technologies, warns of a “short but deep” U.S. recession in 2025, citing policy reversals, immigration reductions, and a government crackdown on fraud as key drivers. In his report, “Danger of Deep Worldwide Recession in 2025,” Dowd asserts that economic conditions artificially inflated under the Biden administration will unravel, necessitating a restructuring phase under potential Trump-era policies. Dowd, a former Blackrock portfolio manager who managed a $14 billion equity portfolio, bases his prediction on three primary factors. First, he highlights the reversal of deficit spending programs initiated under former President Biden, which he claims temporarily boosted economic activity. Second, he points to a projected decline in immigration—from an estimated 10–15 million arrivals over four years to pre-Biden levels of 1 million annually—reducing labor supply and consumer demand. Third, he emphasizes the role of the Department of Government Efficiency (DOGE), a Trump-established agency that has reportedly uncovered $115 billion in fraudulent NGO spending, potentially destabilizing sectors reliant on those funds. Dowd stressed: You have the NGO networks that employ about 6 million people. So, you have about 20 million to 25 million people that are in the workforce … worried about where their money is going to come from, and that can cause consumer spending to slow down. The recession, Dowd argues, will be “intense but brief,” lasting roughly a year if policies addressing fiscal discipline and fraud are swiftly implemented. He likens the downturn to a “necessary reset” that could pave the way for middle-class recovery, though he acknowledges immediate hardships, including job losses and deflation. Notably, Dowd predicts deflationary pressures from reduced government spending and fraud-related market shocks before any inflationary rebound, contradicting analysts who foresee immediate inflation from proposed tariffs. This is not Dowd’s first alarm. In 2023, he warned of a “hard and deep” recession following the Silicon Valley Bank collapse, though he now refines his timeline. Despite the grim forecast, he advises investors to hold gold as a hedge and views residential real estate as a relative safe haven due to supply constraints. Whether the recession unfolds as predicted, Dowd’s analysis underscores debates over fiscal sustainability and the ripple effects of policy shifts. As 2025 continues, economists will scrutinize whether the anticipated “reset” leads to recovery or prolonged instability. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Dogecoin price has recently seen a surge in momentum, with the House of Doge making a major move by purchasing 10 million Dogecoin. This purchase is expected to play a pivotal role in driving the currency’s adoption as a mainstream payment option. With the Dogecoin Foundation’s new corporate arm at the helm, the market is anticipating a potential rally that could push Dogecoin’s price upwards by 16% or more. House of Doge Launches Official Dogecoin Reserve The House of Doge, a newly organised subdivision of the Dogecoin Foundation has recently introduced its Official Dogecoin Reserve. This is a move that seeks to reduce transaction lag times that had for long contributed to the limited adoption of digital currencies. In the process of achieving this goal, House of Doge has bought 10 million Dogecoins during the current price. Through the creation of the Reserve, the mechanism for $DOGE to become a feasible and efficient international currency is to be established. This is expected to bring down the time taken to complete blockchain transactions, enhancing efficiency of payments for both businesses and buyers. Michael Galloro, a member of the board-elect at House of Doge, has said that the creation of this reserve will increase the transaction time and real-world usability difference making Dogecoin the best option for everyday use. Dogecoin Potential for Mainstream Payments Following the creation of the Dogecoin Reserve, like the Strategic Bitcoin Reserve narrative, the House of Doge intends to ensure Dogecoin becomes a means of payment in businesses globally. The project seeks to allow the merchants to use a button to accept Dogecoin payments at the point of purchase to minimize time taken in blockchain settlement. Through faster and cheaper transactions, Dogecoin is posing as a more effective method of payment compared to the current online methods that take longer time and charges more. Another factor that makes Dogecoin suitable for payment solution is its inflationary supply whereby the number of coins created is expected to increase in a linear fashion. While Bitcoin has a limited supply, Dogecoins can be provided indefinitely, and this is why the latter is more suitable for actual utilization. Moreover, the House of Doge will employ several strategies like cash back offers to encourage consumers and merchants to use Dogecoin for everyday purchases. Strategic Partnerships to Drive Adoption In the next few months, House of Doge will reveal various merchant partnerships to show how this digital asset can be used in real life. These will include the purchase of payment solution providers that can enable the use of Dogecoin to conduct business. In this manner, House of Doge aims at popularizing the use of the Dogecoin among people to accept as a mode of payment. The goal is to make Dogecoin scalable to support large number of transactions with the speed and security that would allow it to be used by the masses. Should this be achieved, it will pave way for Dogecoin to become more acceptable in the market compared to other conventional payment methods. Dogecoin Price Action Signals Potential 16% Rally Dogecoin price has been showing signs of bullish momentum, with technical indicators suggesting a potential 16% rally in the near term. The Dogecoin price according to crypto analyst Ali Charts is currently consolidating in a symmetrical triangle pattern, which is often seen as a continuation pattern. Given this $DOGE price breakout, the chance to reach $0.19 to $0.20 is possible and if the uptrend continues, it can even shoot higher. Other indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), also indicate significant buying pressure, which may mean that Dogecoin’s price is likely to remain bullish. Similarly, another crypto analyst, Trader Tardigrade, said that Dogecoin price is emerging from the consolidation phase it entered in April similar to what happened in 2017.

People - something you read or see is not real unless it comes with a blockchain link.

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