Renowned investor and entrepreneur Robert Kiyosaki has joined the conversation sparked by Andy Schectman’s crucial question: “Who is going to buy US Bonds?” While, Kiyosaki expressed his optimism about Bitcoin, foreseeing its dominance over traditional assets like gold and silver in the ETF race.
Kiyosaki’s Take On Future Investment
In a recent tweet, Kiyosaki talks about Schectman’s question, showing worry about changes in how people invest. He says banks are choosing gold over US debt, raising important questions about how the US and the world will handle money.
He asks, “How will America run without money? How will the world operate with money? What will you do without money?” These questions highlight how having a strong financial system is crucial for both the US and the world.
Kiyosaki also talks about what might happen to gold, thinking it could drop a lot: “Gold is going to crash, possibly below $1200.” But he thinks silver and Bitcoin will do well, going up in value.
Banks Shifting Interest In Bitcoin
Further, Kiyosaki sheds light on a notable shift in bank behavior. Instead of sticking to usual investments like US Bonds, they’re leaning towards Bitcoin, often referred to as the digital gold of the 21st century.
This shift towards Bitcoin is gaining momentum, with Bitcoin ETFs currently surpassing $27.5 billion, outperforming silver ETFs and rapidly approaching the $90 billion mark held by gold ETFs.
Kiyosaki’s endorsement adds credibility to the idea that Bitcoin is not just a disruptive force; it is on the brink of becoming the leading commodity in the ETF space. As Bitcoin keeps getting more popular, it shows a big change in how people think about money and investing.
The stage is set for Bitcoin not only to dominate the ETF race but to redefine the essence of alternative investments, ushering in an era where digital assets take center stage.
Source: https://coinpedia.org/news/bitcoin-to-rally-hard-while-gold-will-crash-below-1200-predicts-robert-kiyosaki/