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The well-known writer of the best-selling e book Wealthy Dad Poor Dad, Robert Kiyosaki, says he likes bitcoin, calling the cryptocurrency “individuals’s cash.” Whereas admitting that he doesn’t know a lot about bitcoin, he stated: “I’m simply glad I purchased it at six.”
Robert Kiyosaki Says Bitcoin Is ‘Individuals’s Cash’
The writer of Wealthy Dad Poor Dad, Robert Kiyosaki, talked about bitcoin whereas discussing “Why money is trash in 2023” throughout his Wealthy Dad Radio Present podcast revealed on Wednesday. Wealthy Dad Poor Dad is a 1997 e book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Greatest Vendor Listing for over six years. Greater than 32 million copies of the e book have been offered in over 51 languages throughout greater than 109 international locations.
Through the podcast, Kiyosaki referred to as gold, silver, and bitcoin “the most well liked topic in the marketplace in the present day,” noting that actual property is now not a scorching subject. Emphasizing that the U.S. greenback is “fake money,” the well-known writer stated:
I like Bitcoin. I name it individuals’s cash. Now I don’t know a lot about Bitcoin, however I’m simply glad I purchased it at six. That’s all I do know proper now.
Kiyosaki beforehand stated he purchased bitcoin at $9K. “I purchased bitcoin at $9,000 and I assumed I used to be being fleeced however the cause I purchased it at $9,000 was as a result of Covid shut down the world financial system,” he instructed Kitco Information in April 2021. “I believe it’s going to $1.2 million in 5 extra years,” he predicted on the time.
The Wealthy Dad Poor Dad writer just lately stated that he’s buying more BTC. Final yr, he defined why he invests in bitcoin, noting that he’s an investor, not a dealer, so he will get excited when the worth of bitcoin hits a brand new low.
Kiyosaki has been recommending bitcoin alongside gold and silver for fairly a while. Final week, he mentioned why the three investments are rising higher.
He expects bitcoin traders to get richer when the Federal Reserve pivots and prints trillions of {dollars}. In September final yr, he urged traders to get into crypto now earlier than the most important financial crash in world historical past occurs. Nonetheless, he additionally warned that the U.S. Securities and Trade Fee (SEC) will crush most cryptocurrencies.
In the meantime, the famend writer stated that “we are in global recession,” warning of hovering bankruptcies, unemployment, and homelessness.
What do you consider Robert Kiyosaki saying he likes bitcoin and calling the cryptocurrency “individuals’s cash”? Tell us within the feedback part under.
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