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Author Topic: [2024-03-02] Robert Kiyosaki Thanks Bitcoin for Challenging US Dollar ...  (Read 46 times)
chmod755 (OP)
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March 02, 2024, 03:34:58 AM
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Robert Kiyosaki Thanks Bitcoin for Challenging US Dollar and Restoring 'Integrity' to Money

Rich Dad Poor Dad author Robert Kiyosaki has thanked bitcoin for “kicking the fake U.S. dollar’s butt and bringing integrity back to money.” Kiyosaki has recently been more vocal in urging investors to buy bitcoin. He expects the price of the cryptocurrency to reach $100,000 by June of this year, cautioning that gold may experience a significant price decline.

Robert Kiyosaki Thanks Bitcoin

The author of Rich Dad Poor Dad, Robert Kiyosaki, made a statement on social media platform X Wednesday regarding bitcoin as an alternative currency to the U.S. dollar. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

The famous author wrote:

Quote
Thank you bitcoin for doing your job … kicking the fake U.S. dollar’s butt and bringing integrity back to money.

Earlier this month, Kiyosaki predicted that bitcoin will reach $100,000 by June. He clarified that a BTC price drop wouldn’t deter him, as he would view it as a buying opportunity. While he anticipates a surge for bitcoin and silver, he believes that gold prices could crash below $1,200.

Following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), the famous author increased his BTC holdings. He also urged investors to consider both bitcoin and bitcoin ETFs while highlighting the significance of the upcoming Bitcoin halving.

Kiyosaki has consistently criticized fiat currencies like the U.S. dollar, calling them “fake money.” He contrasts this with gold and silver, which he terms “God’s money,” and bitcoin, which he views as “people’s money.” Last November, he emphasized that fiat money isn’t safe, urging investors to protect themselves from central banks.

The renowned author has repeatedly promoted bitcoin as protection against wealth erosion caused by the Federal Reserve, government policies, and Wall Street bankers. In January, he warned investors about the ballooning U.S. national debt and advised them to buy bitcoin as a potential safeguard. Kiyosaki predicts a global economic downturn and even the collapse of the American empire, mirroring the fall of the Roman Empire.

Source: https://news.bitcoin.com/robert-kiyosaki-thanks-bitcoin-for-challenging-us-dollar-and-restoring-integrity-to-money/

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March 05, 2024, 06:28:14 AM
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I have read most of Robert Kiyosaki's books and I know he likes to swim against the current when it comes to investments.

Robert built a little empire around controversial statements and it keeps him in the news. This means more publicity and more book sales and more participants in his lectures and seminars.  Grin

Give it to him, he knows how to be a good businessman and he is very active on "X"

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