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According to a recent tweet by popular blockchain detective Whale Alert, who tracks large cryptocurrency transfers and shares details on his X account, another ancient bitcoin wallet was resumed some time ago today.
This wallet has been reactivated after 10.8 years of inactivity. It contains 43 BTC. In 2014, the price of Bitcoin fluctuated between $300 and $1,000; therefore, if we take the average between these two extremes, 43 Bitcoins in 2014 were equivalent to about $21,500 (using $500 as the average price for that year).
The value of the contents of this wallet has increased from $21,500 to $2,545,638 at today's price – an impressive 11,738%.
Many commentators have expressed mixed feelings about the reactivation of the Bitcoin wallet, with many believing that the owner of the wallet has finally managed to recover his seed phrase to access the digital gold stored in the wallet.
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Save Bitcoin to Save for Retirement: Robert Kiyosaki
Author of the popular book on finances “Rich Dad, Poor Dad” Robert Kiyosaki, spoke His millions of followers X tweeted about Bitcoin today. He said that many boomers, who are now retired, are returning to the workforce to look for work.
Kiyosaki said the current inflation has taken a big toll on their government-funded 401K retirement savings and they can't afford to stay in retirement any longer.
The financial guru, as many call Kiyosaki, shared a lesson with his audience, stating that when the Federal Reserve prints more money, “the rich get richer… the poor and the middle class get poorer,” since money printing also causes inflation and significant price increases in key markets such as food, fuel, and entertainment.
Therefore, in order to avoid becoming a “loser at the end of life,” the author of the book “Rich Dad, Poor Dad” believes that it is necessary to save not “fake money and fake assets” (fiat currencies and stocks, bonds, etc.), but what he considers “real assets” – gold, silver and bitcoins.
In a tweet posted over the weekend, Kiyosaki addressed the long-running debate over which investment is best: gold or bitcoinThe financial expert, as is clear from his many previous tweets, prefers both options and does not choose just one of them.