Robert Kiyosaki's attitude Robert Kiyosaki, author of Rich Dad Poor Dad, says Bitcoin (BTC), gold, and silver are on the verge of skyrocketing. In a new post on social media platform X, the bestselling author said that if the Federal Reserve cuts interest rates during the next Federal Open Market Committee (FOMC) meeting, these three assets will explode and fiat currencies will collapse as capital flows to “real assets.” “Bitcoin, gold, and silver prices are about to skyrocket…When the Fed adjusts its policy and lowers interest rates, real asset prices will rise as fake money leaves fake assets like U.S. bonds… Flee to real assets like real estate, gold, silver and Bitcoin… It really doesn’t matter which is better, gold or Bitcoin. It’s like people discussing which car is better: Ferrari or Lamborghini?” The Fed is currently expected to cut interest rates by at least 25 basis points at the next FOMC meeting scheduled for September 18. Earlier this year, Kiyosaki said the store of value would see a big increase as more investors lose confidence in the dollar. “They knew this long bull run was coming because they knew confidence in fake money was fading. They knew history would repeat itself. They knew what happened to the German mark and the Zimbabwe dollar. They knew more and more people were finally waking up. They know that…after the crash…the secular bull market in gold, silver, and bitcoin will begin. They know that after the crash…gold, silver, and bitcoin will begin climbing again to new all-time highs.” American collapse Kiyosaki previously predicted that U.S. stocks and even real estate would soon experience a major crash, citing the U.S. debt problem as the basis for his prediction. The United States currently has nearly $35 trillion in debt. By comparison, the United States currently pays 16% of its federal budget for debt service. Moreover, the national debt keeps increasing—it has increased every year for the past decade, and there is no sign of it stopping. Bitcoin bulls like Kiyosaki say this will cause the government to continue printing more and more money. If it doesn’t, the U.S. could default on its debt. As more money enters circulation, the value of each dollar decreases due to inflation. This causes prices to soar, and eventually leads to a loss of confidence in the currency—as Kiyosaki points out, this has happened in countries like Germany and Zimbabwe. Therefore, Kiyosaki believes that the US debt problem will eventually lead to a collapse in the value of the dollar. He believes this will also lead to a corresponding collapse in asset markets. So the question is: What will replace the dollar as a store of value? Kiyosaki predicts that it will be gold, silver and Bitcoin. He predicts that money will flee the U.S. dollar and pour into these assets starting in late 2025. Ultimately, Kiyosaki believes the price of Bitcoin will “easily” reach $10 million per coin. Long BTC Robert Kiyosaki holds a positive attitude towards Bitcoin, believing it to be an asset that can fight hyperinflation and financial crisis. He has expressed his views and predictions on Bitcoin on Twitter many times, which has attracted a lot of attention and discussion. Kiyosaki believes that Bitcoin is a decentralized currency that is not controlled or interfered with by governments and banks, and therefore has greater freedom and security. In addition, he compared Bitcoin to gold and silver, calling them "real money" and fiat currencies "fake money" because they will continue to depreciate due to government money printing and debt. He predicted that the United States and other countries will face a serious economic collapse and hyperinflation, so he advised people to buy Bitcoin and precious metals to protect their wealth and purchasing power. Previously, Kiyosaki pointed out why investors gradually like gold, silver, and Bitcoin? It's because of liquidity. When the real estate market was hottest, people rushed to buy houses, but when the real estate collapsed, people couldn't get out because of the poor liquidity of real estate. In 2021, investors prefer the liquidity of gold, silver, and Bitcoin. In addition, he also mentioned that the United States is currently printing more and more dollars endlessly, resulting in more and more dollars. Inflation is a tax on the poor and the middle class. Inflation makes the rich richer, and holding Bitcoin can effectively outperform inflation. |
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