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‘Rich Dad Poor Dad’ Author Says Buying Bitcoin Is Vital as ‘Crash and Crisis’ Just Starting



Investor, nonfiction writer and entrepreneur Robert Kiyosaki, particularly famous for his book on financial literacy “Rich Dad Poor Dad,” has taken to Twitter to make another prediction of an upcoming economic and financial collapse. He mentioned Bitcoin in his tweet, reminding the audience that he believes the flagship cryptocurrency, along with a few other assets, to be vitally important now.

In today’s tweet, he stated that “crash and crisis” are just beginning, and that pensions, U.S. corporate pension program 401k and IRAs (individual retirement accounts) went woke and are going broke now, as are the banks. Kiyosaki concluded his tweet with a traditional call to buy Bitcoin, physical gold and silver for users to hedge their risks in the current difficult period for the economy. Related Millions of Businesses Can Now Accept SHIB, BTC to Break $30,000 Max Keiser Says, SHIB Metaverse Advisor Meets Paramount Futurist: Crypto News Digest by U.Today Bitcoin to hit $500,000, gold to rise to $5,000, per Kiyosaki Earlier this year, Kiyosaki tweeted that he expects BTC to surge to the astonishing level of $500,000, gold to hit $5,000 per ounce and silver to surge to $500 by 2025. The main driver for this, he believes, is going to be the cumulative effect of the U.S. government printing “billions in fake dollars.”

The printing started back in 2020, when the pandemic broke out, lockdowns were implemented and the U.S. government began supporting average citizens with “survival checks” worth $1,200 per adult. Banks and large businesses were supported with bailouts. Now, Kiyosaki reckons that Bitcoin is the “answer to the sick economy.” BTC, gold and silver are the best inflation hedges, according to him. Bitcoin is currently changing hands at $24,553, after briefly peaking at the $26,000 level on multiple factors, including a positive February CPI report, which made economists think that the Federal Reserve is likely to begin decreasing rate hikes at the March FOMC meeting.

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