Prominent investor Kiyosaki makes important warning to financial world
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In a recent tweet, Robert Kiyosaki, the author of the popular book on managing finance “Rich Dad Poor Dad,” investor and entrepreneur, raised the topic of Bitcoin, U.S. government spending and the Fed Reserve.Kiyosaki got on his hobby-horse right from the start, saying that he does not trust the"US Givernment" , the U.S. Treasury and the Federal Reserve. He added that he stopped trusting the government back in 1965, when he took notice that U.S. “silver coins were now alloys of cooper.
If you trust these Den of Thieves that is your choice. I stopped trusting my government in 1965, when I noticed our silver coins were now alloys of cooper.It was then, the financial expert revealed, that he began to “save” gold, silver, and these days he is saving Bitcoin.the financial community about the approaching crash, which is likely to be the biggest in history. He tweeted: “The world is about to crash financially.
However, he believes that saving Bitcoin, physical gold and silver can save one’s wealth, and it is much safer to invest in those rather than saving fiat money and investing in assets based on fiat money.Earlier this week, Robert Kiyosaki made a bold prediction, saying that he expects the world’s flagship cryptocurrency Bitcoin to skyrocket to $350,000, largely thanks to the new U.S. president who supports crypto and intends to build a Strategic Bitcoin Reserve for the U.S.
So far, he has recommended that the community should start accumulating Bitcoin in parts, buying Satoshis, since one single BTC back then was worth more than $106,000. After that BTC soared above $108,000. From Tuesday to Friday, Bitcoin plummeted by 15%, falling from $108,380 to $92,640 on the news of the Fed Reserve planning to reduce its dovish policy and make a much smaller interest rate cut next year. By now, Bitcoin has managed to recover 7%, rising to $99,150.
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