‘Rich Dad Poor Dad’ Author Sees Big New Reason to Buy Bitcoin (BTC)

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Contents

• Buy Bitcoin to protect yourself from this, Kiyosaki says
• Bitcoin is Kiyosaki’s tool against “fake money”

Robert Kiyosakiwell-known author of the financial management book “Rich Dad Poor Dad”, investor and entrepreneur, used his account on the X app (formerly Twitter) to support Bitcoin in light of signs of new global developments on the way.

According to him, Bitcoin is now the best option, along with many other assets, to protect against the impending collapse of the US dollar.

Buy Bitcoin to protect yourself from this, Kiyosaki says

In the tweet, Kiyosaki talked about the country he is interested in right now: South Africa. He is looking for rumors about BRICS planning to launch their own cryptocurrency, which will likely be backed by gold, much of which can be mined in BRICS regions.

BRICS consists of multiple members, starting with its first members: Brazil (B), Russia (R), India (I), China (C) and South Africa (S). In January 2024, this list was expanded as the United Arab Emirates, Egypt, Iran and Ethiopia were also accepted.

Robert Kiyosaki tweeted that if the gold-backed BRICS cryptocurrency actually launches, a huge amount of US dollars will start flowing back into the United States. Author of “Rich Dad, Poor Dad.” he calls the US dollar “fake money” in his message

The financial expert believes that the only way to protect yourself from the expected collapse of the US dollar is to start buying Bitcoin, gold and silver.

Bitcoin is Kiyosaki’s tool against “fake money”

Kiyosaki has been a supporter of all three (Bitcoin, gold, silver) for the past four years, praising these two popular precious metals and Bitcoin since the pandemic began and world economies suffered from multiple lockdowns.

Then, the US government began to stimulate the economy by giving away so-called “survival checks” and buying up large banks and businesses. These goals were achieved by printing additional US dollars and putting them into circulation. More than $6 trillion worth of greenbacks were printed in 2020 alone. Since then, Kiyosaki has criticized the US dollar as “fake money.”

Since then, the government has often adopted this quantitative easing policy and printed billions of US dollars. The EU and other countries followed suit.

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