Robert Kiyosaki, the creator of the ‘Wealthy Dad, Poor Dad’ finance e-book, seems to be to bitcoin as a safeguard throughout what he claims to be an ongoing ‘world recession.’
Rober Kiyosaki shares a grim outlook on the financial system
Robert Kiyosaki, a widely known investor and author of the e-book ‘Wealthy Dad, Poor Dad,’ expressed his ideas on the worldwide financial system and bitcoin through Twitter. He believes that the world’s financial system is worse than it was throughout the Nice Despair of the Thirties within the U.S.
Kiyosaki tweeted that the world is now in a world recession and a “turbulent interval” is forward. He cited a number of indicators, resembling an increase in bankruptcies, mass layoffs, and homelessness, to assist his assertion.
However, he additionally shared some excellent news amid the in any other case gloomy tweet, mentioning that there are bargains available as the worth of silver and gold has decreased whereas bitcoin stays priceless in his view.
Wealthy Dad, Poor Dad creator is a vocal supporter of bitcoin
“Wealthy Dad, Poor Dad”, a highly-regarded private finance e-book, emphasizes monetary literacy, monetary freedom, and wealth-building by investments and entrepreneurship. Kiyosaki, the creator, is an avid advocate of bitcoin.
Whereas the creator believes within the potential of bitcoin, the identical can’t be stated for different cryptocurrencies, which he believes could also be “crushed” by the Securities and Change Fee (SEC) sooner or later.
Kiyosaki has repeatedly criticized the Federal Reserve’s dealing with of the financial system and has inspired his giant social media viewers to protect in opposition to future excessive inflation by investing in silver, gold, in addition to bitcoin.
The creator seems to be to those property as a retailer of worth within the face of a crumbling financial system and monetary system.