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Rich Dad Author Recommends Bunkering Down With Food, Guns, And Bitcoin


Writer Robert Kiyosaki posted a disastrous prediction by way of his Twitter account and warned followers about shopping for Bitcoin. This might be one of many few methods to guard themselves towards a possible upcoming international calamity.

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Renown for writing the personal-finance best-selling title “Wealthy Dad Poor Dad”, Kiyosaki believes the world is coming into an period of turmoil. He said:

DAVOS, Switzerland IMF warns world faces best monetary challenges since WWII. World catastrophe has been coming for years.   Determined leaders will do determined issues. Workd Struggle coming? God have mercy on us. Save gold, silver, Bitcoin, meals, weapons, and bullets.

Kiyosaki has been a Bitcoin bull for a few years. The writer has really helpful his viewers to purchase the cryptocurrency together with Gold, Silver, and different treasured metals on a number of events.

These property will help the typical buyers to hedge towards the “loss of life of the U.S. {dollars}”. This looks as if the ultimate scene within the present macro-economic state of affairs, based on Kiyosaki’s perspective.

Again in 2020, initially of the COVID-19 pandemic, the writer made two essential statements relating to Bitcoin. At the moment, the cryptocurrency was nonetheless buying and selling beneath its 2017 excessive beneath $20,000 and remained rangebound, as it’s proper now till a rally pushed into value discovery.

Kiyosaki denounced the so-called involvement of the U.S. Federal Reserve (FED) in creating debt, which led to the value of Bitcoin rallying. The writer claimed the FED is useless because it allegedly “loaned” cash to large corporations that “can’t be paid again”.

Throughout the pandemic, the FED and different central banks all over the world elevated their cash provide in an try to forestall a significant hit to the worldwide financial system. As a consequence, the world faces a rise in international inflation.

Don’t Look At The Value Of Bitcoin

This looks as if the start of Kiyosaki’s prediction for the U.S. greenback and the present monetary system. When the value of Bitcoin rallied, he wrote by way of Twitter:

Bitcoin growth beating gold and silver. What does that imply? It means you higher purchase as a lot as now you can. Practice is transferring.  Greenback dying. Silver nonetheless reasonably priced for everybody.  As greenback crashes what counts will not be value however what number of cash of gold, silver, or Bitcoin you personal.

On this narrative created by Kiyosaki, the U.S. FED and the U.S. authorities are the villains. However, Bitcoin appears to be the savior in a story that appears to be headed to disaster.

Some customers replied to the writer by stating that his prediction was exaggerated. Most agree the present monetary system faces a disaster, however they don’t ponder an apocalyptic final result the place bunkers and bullets are wanted.

Associated Studying | El Salvador Doubles Down, Buys 500 BTC Amid Dip

On the time of writing, BTC’s value stands at $30,300 with sideways motion within the final 24-hours.

BTC transferring sideways on the 4-hour chart. Supply: BTCUSD Tradingview





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