Contents
- Real inflation and US debt skyrocket, here’s when Bitcoin steps in
- Kiyosaki says crypto is becoming more important
Author “Rich Dad, Poor Dad”.
Yuri Molchan
Renowned investor and Bitcoin supporter Robert Kiyosaki believes that now Bitcoin has become more relevant, here is why
Prominent real estate investor and non-fiction author Robert Kiyosaki, author of the best-selling financial literacy book Rich Dad Poor Dad, has taken to Twitter to share why Bitcoin has become more relevant in the current macroeconomic conditions.
Real inflation and US debt skyrocket, here’s when Bitcoin steps in
Kiyosaki again reminded the audience of his most famous book “Rich Dad, Poor Dad”, published 25 years ago, in which he said that “savers are losers”. The book talks about the importance of financial self-education and studying the investment sphere.
He then repeated one of his often mentioned thoughts that Bitcoin, gold and silver have become much more important now than before, because BTC and gold are stores of value. He has been tweeting this thesis from time to time since 2020 and the beginning of the pandemic when BTC crashed below $4000. As for silver, Kiyosaki believes it will gain more value in the coming years as it is used in the various industries as well as gold itself.
Today, Kiyosaki tweeted, America’s debt has grown into the 100s of trillions of dollars. The real inflation is not 7 per cent, but a whopping 16 per cent. The latest increases in interest rates by the Fed Reserve “will destroy the economy”, he adds.
SAVERS ARE LOSER. 25 years ago I stated in RICH DADDY POOR DADDY that savers are losers. Today, America’s debt is in the hundreds of trillions. REAL INFLATION is 16% not 7%. Fed raising interest rates will destroy the US economy. The savers will be the biggest losers. Invest in REAL MONEY. Gold, Silver and Bitcoin.
— therealkiyosaki (@theRealKiyosaki) 16 September 2022
Kiyosaki says crypto is becoming more important
As reported by U.Today earlier, the “Rich Dad Poor Man” author stated that crypto is going to become more important from now on and said that it is worth getting to know it before the big market crash.
In an earlier tweet, Robert claimed that he predicted the coming crash as early as 2013, just a few years after Bitcoin was created by the mysterious Satoshi Nakamoto, who is sometimes believed to be a group of IT engineers and cryptographers.
The coming fall of the financial system will create a new world order and crypto, according to Kiyosaki, will emerge victorious from it.
