Robert Kiyosaki declares his love for Bitcoin, calls it people’s money

Robert Kiyosaki declares his love for Bitcoin calls it peoples

TL;DR Breakdown

  • Robert Kiyosaki expressed his appreciation for Bitcoin, which he called the people’s money, in a podcast that he hosted.
  • The American businessman also referred to the United States dollar as fake money in one of his statements.
  • Kiyosaki has recommended to prospective investors that they start trading cryptocurrencies before the most catastrophic economic slump the world has ever seen.

Robert Kiyosaki, who wrote the highly-successful book “Rich Dad Poor Dad,” which became a best-seller in 1997, has just issued a podcast on his Rich Dad Radio Show in which he discusses the subject of why currency will be garbage in 2023.

Kiyosaki, whose book has been translated into over 51 languages and sold more than 32 million copies in 109 countries, recently discussed his views on the current state of the economy and the reasons why he thinks that gold, silver, and bitcoin are the most popular topic in today’s economy.

Kiyosaki calls USD fake money

Throughout the course of the podcast, Kiyosaki referred to the United States dollar as fake money. He also stated his admiration for bitcoin, which he referred to as people’s money.

He said that he purchased bitcoin when it was priced at $9,000 and projects that its value would rise to $1.2 million during the next five years.

The author also disclosed that he has been increasing his Bitcoin holdings and that he considers himself an investor rather than a trader, adding that he gets giddy whenever the price of Bitcoin drops to a new all-time low.

Kiyosaki has been an advocate for investing in bitcoin, gold, and silver for a considerable amount of time. When the Federal Reserve reverses course and starts printing billions of dollars, he believes bitcoin investors would see a rise in their wealth.

In September 2022, Kiyosaki advised potential investors to begin trading cryptocurrencies before the most severe economic downturn in the history of the globe.

On the other hand, he cautioned that the Securities and Exchange Commission (SEC) of the United States would destroy the majority of cryptocurrencies.

The previous week, Robert Kiyosaki went through the reasons why he felt the value of these three assets would continue to increase.

He forecasts that the global crisis will lead to an increase in personal bankruptcies, unemployment rates, and the number of people without homes.

In spite of the warning, he continues to maintain his bullish outlook about the prospects of these projects.

The well-known author’s forecasts and pieces of advice have been followed by millions of people all over the globe, and his most recent opinions on the present situation of the economy and the future of bitcoin are certain to provoke debate among investors and economists alike.

It is impossible to dispute the influence that Robert Kiyosaki has had on the business of finance and investments, regardless of whether or not you share his opinions.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Jai Hamid

Jai Hamid

Jai Hamid is an enthusiastic writer whose current area of interest is the blockchain sector. Whenever she is not reading or writing, you can find her tending to her plants in the garden. She strongly believes that crypto is going to transform the world for the better.

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