Robert Kiyosaki, the best-selling author of the financial literacy book “Rich Dad, Poor Dad,” has shared on Twitter why Bitcoin has gained greater significance in the present macroeconomic environment.
Prominent real-estate investor and non-fiction writer Robert Kiyosaki, who authored the bestselling book on financial literacy “Rich Dad, Poor Dad”
Kiyosaki brought up his most well-known book, “Rich Dad, Poor Dad,” in which he said that “savers are losers” and he reminded his audience of this once more. The necessity of studying the field of investing and educating oneself financially is discussed in the book.
Then, he reiterated one of his frequently stated ideas: because Bitcoin and gold are repositories of wealth, they are now far more significant than they were previously. Since 2020 and the start of the epidemic when BTC went below $4,000, he has intermittently tweeted this thesis. Kiyosaki predicts that silver will increase in value over the next several years since it is employed in a variety of sectors much like gold is.
Today, Kiyosaki tweeted, US debt has grown to 100s of trillions of USD. The real inflation is not 7% but a whole 16%. The recent rises of the interest rates by the Fed Reserve “will destroy the economy”, he adds.
SAVERS ARE LOSERS. 25 years ago, in RICH DAD POOR DAD I stated savers are losers. Today, US debt in 100s of trillions. REAL INFLATION is 16% not 7%. Fed raising interest rates will destroy US economy. Savers will be biggest losers. Invest in REAL MONEY. Gold, silver & Bitcoin.
— therealkiyosaki (@theRealKiyosaki) September 16, 2022
The “Rich Dad, Poor Dad” author stated that crypto is going to become more important from now on and said it is worth getting to know it before the big market crash arrives. In an earlier tweet, Robert claimed that he predicted the upcoming crash as early as 2013, just a few years after Bitcoin was created by mysterious Satoshi Nakamoto, who is sometimes believed to be a group of IT engineers and cryptographers. The upcoming fall of the financial system will create a new world order and crypto, according to Kiyosaki, is going to emerge victorious from that.
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