Tony Robbins is one of the best-known motivational speakers worldwide and he has inspired millions of people to make major life changes. Now, he has taken to posting about Bitcoin, which could have a major impact on the market.
At the end of December 2018, Robbins tweeted about a posted article entitled “What You Need to Know About Bitcoin” on TonyRobbins.com. In recent years he has increasingly given his followers advice about finances and wealth management. However, this is the first time Robbins has written about Bitcoin, and earlier in 2018 he described it as a gamble. He told CNBC:
“I think [bitcoin] is very iffy. I don’t have a clue. I look at that as it’s like going to Vegas.”
However, as 2018 ended, he appears to have changed his mind. A segment of his article reads:
“Bitcoin is decentralized. No single bank, government, company or individual owns the network or has control over it. This means that your accounts can never be frozen, a government cannot devalue the currency, it can be used in every country, and, more ominously, because of the anonymous nature of bitcoin, the technically savvy can avoid taxation and use bitcoin as payment for any kind of illegal good or service.”
CCN has a theory about Robbins’ timing of this bitcoin-supporting article: It says: “We can speculate that the posting of an article on his website regarding Bitcoin is likely dipping his toes in the water. If the article garners a lot of attention and and it seems like something his client base would be interested in, it might not be long before Robbins is the next Bitcoin evangelist, educating the masses and teaching people how not to get rekt.”
It adds: “One thing is for certain: Robbins has a wide reach. If he were suddenly to become a Bitcoin proponent during the next bull run, it could feasibly take him from millionaire to billionaire, regardless of how his own crypto portfolio worked out.”