Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money

2 years ago

Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto arsenic  Safer Haven Than Fiat Money

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, has predicted the extremity of the U.S. dollar. Furthermore, helium said that the Russian-Ukraine warfare has fixed emergence to crypto arsenic “a safer haven plus than authorities fake fiat money.”

Robert Kiyosaki connected War and Bitcoin

The writer of Rich Dad Poor Dad, Robert Kiyosaki, discussed bitcoin, the Russian-Ukraine war, and the extremity of the U.S. dollar successful a bid of tweets Tuesday.

Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Citing that galore Russians are utilizing bitcoin arsenic a lifeline aft the Russian ruble collapsed, helium wrote: “Ukraine/Russian warfare giving emergence to crypto arsenic a safer haven than authorities fake fiat money.”

Kiyosaki besides tweeted Monday that the Biden medication and the Federal Reserve “want ostentation to wage disconnected trillions successful debt,” advising:

[The] champion concern whitethorn beryllium stocking products you volition ever usage specified arsenic toilette paper, trash bags, canned goods, frozen foods, gold, silver, bitcoin.

He explained further successful a antithetic tweet astir investing successful oil. “I bash not put successful lipid companies specified arsenic Mobile oregon Exxon. I put straight into lipid wells. Higher hazard for higher returns. Tax breaks fantastic. Two wells came successful past week arsenic lipid went from $70 to $130. Rich get richer but mediocre suffer,” the famed writer wrote.

Last week, Kiyosaki warned that “we are successful the biggest bubble successful satellite history” and that the U.S. authorities volition seize each cryptocurrencies. He predicted that the authorities volition regulate the crypto assemblage past motorboat a “Fed crypto.” Ultimately, Kiyosaki stated that each cryptocurrencies volition beryllium seized and folded into the authorities crypto.

His predictions were heavy criticized connected societal media, with galore radical telling him that not each cryptocurrencies tin beryllium seized. For example, decentralized cryptos, similar bitcoin, cannot beryllium seized wrong the web and the authorities volition person a pugnacious clip going aft self-custodied cryptocurrencies.

Kiyosaki Discusses the End of US Dollar

Kiyosaki besides discussed the extremity of the U.S. dollar Tuesday. He noted that the U.S. hegemony is ending and the U.S. is becoming little of a satellite power.

As evidence, the Rich Dad Poor Dad writer referenced the quality of Saudi Arabia considering accepting Chinese yuan alternatively of U.S. dollars for Chinese lipid sales.

Several radical person publically spoken astir the U.S. dollar losing its dominance since the warfare betwixt Russia and Ukraine began, including seasoned capitalist Jim Rogers who co-founded the Quantum Fund with billionaire capitalist George Soros. “What is happening with the U.S. dollar present is the extremity of the U.S. dollar due to the fact that an planetary currency is expected to beryllium neutral but successful Washington, they are present changing the rules,” Rogers explained.

What bash you deliberation astir Robert Kiyosaki’s predictions? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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