Robert Kiyosaki, the acclaimed author of ‘Rich Dad Poor Dad,’ recently shared his positive sentiments about cryptocurrencies as the future of money.
Bitcoin, the author says, could reach $120,000 next year and warns of a potential economic crisis, urging investors to consider digital currencies as a haven.
Kiyosaki predicts grim fate for fiat currencies
Kiyosaki recently tweeted about his strong beliefs in the potential of cryptocurrencies, owing to the upcoming TOKEN2049 crypto conference set to take place from Sept. 18-19.
He took to X (previously Twitter) to express his views, saying cryptocurrencies are the future and that traditional fiat currencies, particularly the U.S. dollar, are on their way out.
Kiyosaki is optimistic about Bitcoin’s resilience, especially its ability to bounce back after downturns. He expects the king coin’s price to skyrocket to $120,000 next year, spurred by the halving event.
Kiyosaki says green energy hurts middle class; Data proves otherwise
Kiyosaki uses the term ‘criminal money’ to describe fiat currency. He promotes investments in assets like gold, silver, and Bitcoin as safeguards against the depreciation of fiat currency, which he predicts will occur due to trillions being injected into the economy and subsequent rampant inflation.
The financial expert also warns about the possible fallout from inflation, with the middle class bearing the brunt of the impact. He blames President Joe Biden’s green energy policies as a contributing factor, even th
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Author: Julius Mutunkei
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