Robert Kiyosaki, a well-known author of the bestseller Rich Dad Poor Dad, has predicted that “everything will fall,” including gold, silver, and bitcoin. He notes that he will purchase more bitcoin, as he views collapse as purchasing opportunity.
Bitcoin has a “True” Value, According to Kiyosaki
Robert Kiyosaki, the author of Rich Dad Poor Dad, has reaffirmed his caution on market collapses. Kiyosaki and Sharon Lechter co-authored the 1997 book Rich Dad Poor Dad. It has spent more than six years as a best seller in the New York Times. The book has sold more than 32 million copies worldwide in more than 51 different languages.
Kiyosaki tweeted on Friday that everything will fall, including gold, silver, and bitcoin, citing that 66,000 more employees have been laid off so far this year and that more than 144,000 individuals in the computer business would lose their employment in 2022. However, he assured his 2.3 million Twitter followers not to worry and said he would spend “fake” dollars to purchase additional gold, silver, and bitcoin, which he referred to as “real money,” instead.
Robert Kiyosaki Distrusts the Government and the Administration
The U.S. dollar is counterfeit money, according to Kiyosaki, since it was attached to the “full faith and credit” of the United States rather than real money like gold. Real money, on the other hand, includes silver, bitcoin, and gold. The well-known writer has already stated that he has no faith in the Biden administration, the Treasury, the Federal Reserve, or Wall Street.
Additionally, he has frequently issued warnings on market disasters, including the “largest crash in world history.” He warned investors to purchase gold, silver, and bitcoin in October of last year after predicting that the stock, bond, and real estate markets would fall as long as the Federal Reserve kept raising interest rates. When the Fed changes course and prints trillions of dollars, he anticipates that bitcoin investors will become wealthy.
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