Robert Kiyosaki Urges You to Buy Bitcoin Amid Financial Collapse Warnings
Robert Kiyosaki, the author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has been issuing warnings about an imminent financial collapse, particularly in the United States. He recently drew a comparison with one of history’s most notorious villains and urged his followers to buy Bitcoin (BTC).
Kiyosaki pointed out that 100 years have passed since hyperinflation in Germany brought Adolf Hitler to power, expressing his hope that the US is not about to experience hyperinflation as well. He urged his readers to study hyperinflation in Germany and Zimbabwe and stock up on food, guns, gold, and silver. He particularly praised Bitcoin as the best defense against hyperinflation.
Bitcoin against Crash and Central Banks
In early October, Kiyosaki recommended buying as much gold, silver, and Bitcoin as possible to protect against the declining purchasing power of money. He emphasized the need to prepare for the decline of the American Empire as more nations reject the US dollar as the global reserve currency.
More recently, Kiyosaki also praised Bitcoin as a means of protection from central banks, which he highlighted were buying gold to save themselves from their own incompetence.
At press time, Bitcoin was changing hands at a price of $37,120, up 1.32% on the day and recording a gain of 25.10% on its monthly chart.
Hot Take: Robert Kiyosaki’s Strong Endorsement of Bitcoin
Robert Kiyosaki’s recent endorsement of Bitcoin as a defense against hyperinflation and central bank incompetence reflects his belief in the cryptocurrency’s ability to protect individuals from economic downturns and currency devaluation. His comparisons with historical events serve as a strong call to action for individuals to consider investing in Bitcoin as part of their financial strategy.
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