'Rich Dad' R. Kiyosaki predicts Bitcoin to $1 million if the economy crashes – Finbold – Finance in Bold

0

With the next summit of the extended lineup of BRICS (Brazil, Russia, India, China, and South Africa) fast approaching, Robert Kiyosaki has shared his prediction of nearly three-quarters of the world rejecting the United States dollar and the preference for alternative assets such as Bitcoin (BTC).
Specifically, the famous investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ commented on the upcoming meeting as the countries “joining up against the Western currency,” as he reiterated his preference for gold, silver, and Bitcoin in an interview with Stansberry Research’s Daniela Cambone aired on August 14.
Focusing on the flagship decentralized finance (DeFi) asset, Kiyosaki further elaborated on why it is among his favorite investment choices, again expressing his distrust in the US government and its financial institutions, including the Federal Reserve and the Treasury Department:
“I like Bitcoin because we have an enemy in common – the federal government, the Treasury, the Fed, and Wall Street. I don’t trust them. If you trust them, save dollars and you know get yourself a nice bond. I don’t trust those guys.”
At the same time, the finance educator shared his views of Bitcoin reaching $100,000, praising gold and silver as “God’s money” and the maiden cryptocurrency as “people’s dollar,” which he believes could skyrocket to $1 million “if world economy crashes,” in a recent post on X (formerly Twitter).
BITCOIN to $100k. Saying for years gold&silver GOD’S money. BITCOIN peoples $. Bad news IF stock & bond market crash gold&silver skyrocket. WORSE NEWS IF world economy crashes BC $1 million Gold $ 75K silver to $60k. SAVERS of FAKE US $ F’d. DEBT too high. Mom, Pop & kids in…
As a reminder, Kiyosaki earlier warned that the US dollar “is toast,” as the BRICS nations, together with Saudi Arabia and possibly Mexico and Japan, were going to get behind a gold-backed currency, marking the beginning of the “de-dollarization” of the world, as “41 nations, possibly even France,” would “gang up” against the USD.
Meanwhile, Bitcoin, the largest crypto asset by market cap was at press time changing hands at the price of $29,387, down 0.03% on the day, up 0.79% across the week, and dropping 2.96% on its monthly chart, as per the most recent data seen by Finbold on August 15.
Watch the entire video below:
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors
Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks – buy in bulk or just a fraction from as little as $10.
Copy top-performing traders in real time, automatically.
Regulated by financial authorities including FCA and FINRA.
Copyright © 2023 FINODES LLC. All rights reserved. Use of this site constitutes acceptance of our Terms of Service.
WARNING: The content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site.

source

Leave a Reply

Your email address will not be published. Required fields are marked *