Rich Dad Poor Dad Author Says He’s Sticking With Bitcoin (BTC) Amid America’s “Sad” State
Author of best-selling personal finance book Rich Dad Poor Dad Says He Bets on Bitcoin (BTC) and precious metals amid a deteriorating financial climate.
Robert Kiyosaki tells his 2.4 million Twitter followers that America is currently in a “sad” state of affairs due to rising national debt and financial inequality.
Given his outlook on the US economy, he says he will continue to invest in “real assets,” which include bitcoin, silver, and gold.
“Why is [the] Is the stock market picking up steam? Because the “debt ceiling” has been lifted. This means that the national debt increases with the stock market. Rich people get richer as America gets poorer. Sad. Let’s stick with real money and real assets: gold, silver, bitcoin.”
The statement reiterates Kiyosaki’s previous comments on investing in the flagship crypto asset.
In June he warned that numerous regional banks and mortgage lenders were on the verge of collapse. He also predicted an impending housing crash that he believes will be worse than the housing market meltdown of 2008.
Kiyosaki too called Americans should do that They protect themselves from financial disaster by accumulating precious metals and bitcoin.
The best-selling author recently predicted that Bitcoin would hit six figures in 2024. He says the Bitcoin rally will likely happen as he expects it to in the US The dollar weakens after the launch of a new BRICS currency.
According to Kiyosaki, the economic bloc of Brazil, Russia, India, China and South Africa is preparing to launch a new gold-backed currency designed to compete with the US dollar.
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