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Reading: Why Does Famous Finance Writer Kiyosaki Call This Cryptocurrency the Key to Salvation?
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Why Does Famous Finance Writer Kiyosaki Call This Cryptocurrency the Key to Salvation?
Bitcoin and BTC

Why Does Famous Finance Writer Kiyosaki Call This Cryptocurrency the Key to Salvation?

vitalclick
Last updated: October 8, 2024 8:13 pm
4 months ago
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Although the GDP of the United States, which has the largest share in the world economy, is approximately 29 trillion dollars, famous author and consultant Robert Kiyosaki thinks that America is in decline. In his last X post, Kiyosaki shared his concerns about the current situation of the country, explaining the factors that caused this situation. Also, Bitcoin $62,401 He believes that real assets like these could play a key role in solving the United States’ problems. So, what are the details of the famous cryptocurrency supporter’s latest comments?

Kiyosaki and the Future of the USACan Bitcoin Save the People?

Kiyosaki and the Future of the USA

Kiyosaki, who constantly speaks about achieving financial freedom and ensuring this freedom regardless of economic conditions, has delivered the books he wrote to hundreds of millions of people. Many of his works, including the book Rich Dad Poor Dad, have been translated into many languages ​​around the world. Kiyosaki thinks the US government, banks and other traditional institutions are pushing the country backwards. Kiyosaki criticized President Biden and Vice President Kamala Harris, stating that the current leaders are the main reasons for the problems in the country.

“Lying, cheating, and stealing… are sins against all human souls.”

— Robert Kiyosaki

At the same time, Kiyosaki argued that Biden and Harris’ policies, such as reducing the police budget and decriminalizing stolen money less than one hundred dollars, endangered America.

Can Bitcoin Save the People?

MicroStrategy CEO Michael Saylor predicts that Bitcoin will become 7% of the world’s capital by 2045 and its price will reach hundreds of thousands of dollars. Bitcoin’s current price is hovering around $62,000 and has been struggling for months to reach the record high of $73,000.

Kiyosaki defines Bitcoin as an asset with long-term value, stating that paper money loses value quickly and is a risky investment because it is under the control of banks. Bitcoin’s constant growth makes it attractive to thousands of investors.

Moreover, Kiyosaki’s warnings about the rising debt of the United States remind us that the country is in a debt pile of trillions of dollars and that this debt is endangering the people’s savings. Kiyosaki recommends investing in scarce assets such as gold, silver and Bitcoin against the risk of financial crisis.

According to Kiyosaki, America’s current situation raises serious concerns about the soundness of infrastructure and the financial system. However, digital assets such as Bitcoin can provide a hedge against economic uncertainties and secure the financial future of individuals.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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