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Cryptocurrency News Articles
Robert Kiyosaki Warns of Impending Financial Crash, Says Gold, Silver, and Bitcoin (BTC) Will Save the Day
Dec 23, 2024 at 05:00 am
Rich Dad Poor Dad author Robert Kiyosaki believes that the world is in trouble amid a financial system that runs on inflation and currency debasement.
Robert Kiyosaki, author of Rich Dad Poor Dad, believes that the world is in trouble with a financial system that is driven by inflation and currency devaluation.
Kiyosaki, who has 2.6 million followers on the social media platform X, says that the United States has a history of devaluing its currency at the expense of Americans who save their wealth in the dollar.
The best-selling author describes the dollar as “fake money,” highlighting that the government can always print more out of thin air.
“I stopped trusting my government in 1965 when I noticed our silver coins were now alloys of cooper.
In 1971, President Nixon continued the theft of our wealth via our money, when Tricky Dicky Nixon took the US dollar off the gold standard…
If you don’t [like] being ‘bent over’ and your wealth stolen via your fake money…. Keep being ignorant, working hard for fake money, and continue listening to financial planners who will tell you what to do with your fake money.”
Kiyosaki urges investors to store their wealth in scarce assets such as gold, silver, and Bitcoin (BTC) instead. He notes that investing in these three commodities can save people in the event of a severe financial crisis.
“THANK YOU gold, silver and Bitcoin HODLERS…
Today the best assets for your money are real gold, silver, and Bitcoin.
The world is about to crash financially.
Please take care.”
Last month, Kiyosaki said he plans to accumulate about 100 BTC, regardless of price. He notes that he’s comfortable trading his dollars for “real money” like BTC despite Bitcoin’s rising prices.
“Today I own 73 whole Bitcoins.
A year from now, I intend to own 100 Bitcoin, regardless of price.”
At time of writing, Bitcoin is trading at $97,222.
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