The author of the best-seller “Rich Dad, Poor Dad”, Robert Kiyosaki, spoke again about bitcoin (BTC), financial markets and the current global situation.
In his X account, the Hawaiian financial author wrote on January 4: “In 2013, The Rich Dad Prophecy was published, which predicted that the biggest market crashes were coming due to the incompetence of PhDs at the Federal Reserve, the Treasury, and Wall Street.” .
“Unfortunately,” Kiyosaki continues, “the rich parents prophecy is already here.”
The final part of Kiyosaki’s post is meant to warn about what is coming, in his opinion. Besides, The controversial writer gives advice to his followers:
«Be careful. Don’t lose gold, silver and bitcoin. Unfortunately, this is going to be a gigantic global crisis. I hope no one starts a bigger war. May God have mercy on us.”
Robert Kiyosaki, finance specialist.
A couple of days before, on January 3, Kiyosaki had published a message with an equally alarmist tone. There, the investor said that “the idiots who run the Federal Reserve, the Treasury, the banks and Wall Street only know how to print money, which makes things worse.”
Kiyosaki clarified on that occasion:
“FYI: When fake money is printed, the rich, who own real assets, become richer… while the poor and middle class, who save fake money, become poorer due to inflation and taxes. Let inflation make you richer, not poorer. Save gold, silver and bitcoin. Take care of yourself. He ‘crash‘It’s here.’
Robert Kiyosaki, finance specialist.
Kiyosaki is not alone in making these types of announcements. Although with a more academic than alarmist style, the specialized finance portal, ‘The Conversation’, had published in October 2024: “The income generated for the US economy by the hegemony of the dollar could collapse like a house of cards.”
Tracy Walsh, editor of ‘The Conversation’ explains that “there are two reasons why global confidence in the US dollar could decline.” First, the fact that “the United States is unequivocally using its dollar as a tool to subdue its enemies.” Second, “the US debt situation, particularly its unsustainability, is a source of concern that could affect the appeal of the dollar as a global reserve currency.”
CriptoNoticias has also reported extensively on analysts who believe that dollar’s dominance could be coming to an end. If these predictions come true, it is likely that – as Kiyosaki foresees – the transition to another dominant monetary system will not be a calm and peaceful event, but will be accompanied by a major crisis in which many will be harmed.
In this context, the advice of the author of ‘Rich Dad, Poor Dad’ becomes relevant, taking into account that Bitcoin is a decentralized monetary system that does not depend on the decisions of any government. to function.
