Robert Kiyosaki, entrepreneur and ‘Rich Dad Poor Dad’ author, made a prediction that bitcoin owners are going to be rich while the one which he termed as ‘fake money savers’ will not. The latters might be the biggest losers.
Kiyosaki made the claim via a Twitter post he shared on Thursday. He mentioned that people having ownership of gold, silver and bitcoin are going to be richer. In contrast, given that the Federal Reserves, the Treasury and pivot of Wall Street have printed trillions of dollars, those who would save this ‘fake money’ are going to be the biggest losers.
The actual point of conversation was around pension. Kiyosaki, on many instances, said that the pension crisis in the United States is much worse. He even wrote a book with Edward Seidle with the title, ‘Who Stole My Pension?’ in 2020.
Authors have pointed out the greatest crisis in the nation’s history following the retirement. Kiyosaki cited that England found itself in a beleaguered situation when the pension funds went into collapse. He put up a warning for the United States that could also fall into a similar situation.
Robert Kiyosaki is a famous name in the financial lane. His authored book with Sharon Lechter, Rich Dad Poor Dad published in 1997 and became famous worldwide. The book remained for about six years in the New York Times Best Seller List. It was published in 51 different languages and over 32 million copies of the book were sold across up to 110 countries.
Earlier, Kiyosaki claimed that the USD turned into fake money following the fiat currency losing the backing of gold in 1971 during the administration of President Richard Nixon.
During September 2022, he called out that the end of fake money is almost here and he expected that the United States dollar is going to crash by January.
The well-known author has frequently stated that he doesn’t trust Wall Street, the Federal Reserve, the Treasury, or Vice President Joe Biden. He advised Americans to purchase bitcoin in February, stating that the Federal Reserve and the Treasury are eroding the value of the US dollar.
He previously emphasized that bitcoin is not the issue and that cryptocurrencies cannot be held responsible for the demise of the cryptocurrency exchange FTX. He described former FTX CEO Sam Bankman-Fried as the crypto equivalent of Bernie Madoff. Kiyosaki clarified earlier this month that he is an investment in bitcoin rather than a trader and that he gets ecstatic whenever BTC reaches a new bottom.
Source: https://www.thecoinrepublic.com/2022/12/12/robert-kiyosaki-warns-to-beware-of-fake-money/