Vocal Bitcoin Proponent Robert Kiyosaki Issues Major Warning to Financial World
- Robert Kiyosaki’s Economic Warning Kiyosaki warned the community that the United States is “currently entering a very difficult economy.” He also warned his supporters against “false profits”. “Stay strong, keep studying, be brave,” he added. The financial guru also thanked his 2.4 million people who follow him on the X platform for their support and comments. Kiyosaki highlights Bitcoin as stocks fall
- Kiyosaki Bitcoin Price Forecast
A leading expert in the field of financial literacy, author of a classic book on this topic “Rich Dad, Poor Dad” Robert Kiyosaki has addressed his army of followers on social media platform X with a major warning.
Kiyosaki is famous for his predictions of a coming economic crash, where he begins to praise the world’s flagship cryptocurrency, Bitcoin, as well as gold and silver. He views these three assets as safe havens whose prices are likely to skyrocket in the near future.
Robert Kiyosaki’s warning on the economy
Kiyosaki warned the community that the United States is “currently entering a very difficult economy.” He also warned his supporters against “false profits”. “Stay strong, keep studying, be brave,” he added.
The financial guru also thanked his 2.4 million people who follow him on the X platform for their support and comments.
Kiyosaki highlights Bitcoin as stocks fall
Earlier this week, the author of “Rich Dad, Poor Dad” highlighted the importance of Bitcoin, gold and silver as traditional assets continue to lose value.
Compared to stocks, bonds, mutual funds and ETFs, Bitcoin remains strong, he tweeted. Referring to his book mentioned above, Kiyosaki cited the areas that can ensure stable cash flow: rental properties, oil, food production.
He also recommended, rather than saving “fake USD”, to invest them in Bitcoin, gold and silver. He called other financial tools “fake assets.” But Bitcoin, gold and silver, he said, offer “lifetime financial security and freedom.”
Since the United States has issued trillions of dollars over the past three years (as of 2020), and this year the US national debt is increasing at an alarming rate (this increased by $1 trillion last quarter and the government plans to borrow $1.5 trillion again) after the “cap” ($31.4 trillion) was removed, Kiyosaki cited this as one of the main reasons for the massive growth at come from Bitcoin and gold.
Another reason he expected BTC to rise this year was the BRICS leaders’ meeting in August in South Africa, where they discussed the potential launch of a gold-backed currency to replace the US dollar in their internal trade in order to reduce dependence. on American fiat currency.
Kiyosaki Bitcoin Price Forecast
Due to the triggers mentioned above, Robert Kiyosaki expects $135,000 to be “the next step” for Bitcoin. Gold, he said in a previous article on The same goes for money: the author of “Rich Dad, Poor Dad” expects it to increase threefold.
By 2025, Kiyosaki believes Bitcoin will reach an incredible $500,000 per coin.
About the Author
Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. He believes that blockchain and cryptocurrencies have the potential to transform the world in the future in many aspects. He has written for several crypto media outlets. His articles have been cited by crypto influencers such as Tyler Winklevoss, John McAfee, CZ Binance, Max Keizer, etc.