The well-known writer of the best-selling guide Wealthy Dad Poor Dad, Robert Kiyosaki, says that bitcoin traders will get richer when the Federal Reserve, the Treasury, and Wall Road pivot and trillions of {dollars} are printed.
Robert Kiyosaki Predicts Bitcoin Traders Will Get Richer
The writer of Wealthy Dad Poor Dad, Robert Kiyosaki, has predicted that homeowners of bitcoin will get richer whereas “pretend cash savers” would be the largest losers.
Wealthy Dad Poor Dad is a 1997 guide co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Greatest Vendor Checklist for over six years. Greater than 32 million copies of the guide have been offered in over 51 languages throughout greater than 109 nations.
Kiyosaki tweeted Thursday that individuals who personal gold, silver, and bitcoin will get richer when the Federal Reserve, the Treasury, and Wall Road pivot and trillions of {dollars} are printed. “Faux cash savers would be the largest losers,” he careworn.
The well-known writer has warned on a number of events that the U.S. pension disaster is far worse than we thought. In 2020, he co-authored a guide titled “Who Stole My Pension?” with Edward Siedle. Within the guide, the authors mentioned “the best retirement disaster within the historical past of our nation and … your entire world.” When pension funds virtually collapsed lately in England, Kiyosaki warned {that a} comparable scenario may occur within the U.S.
Kiyosaki beforehand defined that “the U.S. greenback turned pretend cash” when President Richard Nixon eliminated it from the gold commonplace in 1971. “It is because moderately than being tied to actual cash,” similar to gold, “it was tied to the ‘full religion and credit score’ of the US,” the Wealthy Dad Poor Dad writer famous. In September, he stated the tip of faux cash is right here; he expects the U.S. greenback to crash by January.
The famend writer has stated repeatedly that he doesn’t belief the Federal Reserve, the Treasury, President Joe Biden, and Wall Road. In February, he warned that the Fed and the Treasury are destroying the U.S. greenback, advising individuals to purchase bitcoin.
He lately careworn that cryptocurrency can’t be blamed for the collapse of crypto change FTX, emphasizing that bitcoin shouldn’t be the issue. He referred to as former FTX CEO Sam Bankman-Fried the Bernie Madoff of crypto. Earlier this month, Kiyosaki defined that he’s a bitcoin investor, not a dealer, and he will get excited when BTC hits a brand new backside.
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