Robert Kiyosaki Predicts Priceless Assets Amidst Federal Reserve’s Actions
Renowned author Robert Kiyosaki, known for his book “Rich Dad Poor Dad,” believes that assets like Bitcoin (BTC) will become invaluable as the Federal Reserve works on its central bank digital currency (CBDC) project. According to Kiyosaki, the introduction of a CBDC will result in the loss of privacy and increased surveillance. He advises individuals to start saving assets like gold, silver, Bitcoin, and cash before it’s too late.
Federal Reserve’s CBDC Plans
The Federal Reserve Bank of San Francisco has shown interest in developing a CBDC by posting job ads for a senior crypto architect and a CBDC product manager. However, Republican Congressman Warren Davidson has expressed concerns about the government using CBDCs to exert control over the population and has called for their outright ban.
Kiyosaki Emphasizes Hyperinflation and Finite Assets
Kiyosaki also highlights the impact of hyperinflation and advises people to accumulate finite assets like gold, silver, and Bitcoin. He clarifies that hyperinflation leads to a decrease in the purchasing power of money, contrary to popular belief.
Bitcoin’s Current Value
As of now, Bitcoin is valued at $27,926, experiencing a 3% increase within the last 24 hours.
Hot Take: Robert Kiyosaki Warns of Invaluable Assets
Robert Kiyosaki cautions individuals about the potential consequences of the Federal Reserve’s CBDC project. He predicts that assets such as Bitcoin, gold, silver, and cash will become priceless due to increased surveillance and loss of privacy. Kiyosaki advises people to save gold, silver, and Bitcoin as protection against hyperinflation. He believes that hyperinflation reduces the purchasing power of money and encourages individuals to be winners by investing in finite assets.
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