The Famous author of the best-selling novel Rich Dad Poor Dad, Robert Kiyosaki, has predicted that Bitcoin investors will become wealthy as the Federal Reserve and Treasury print trillions.
Robert Kiyosaki Predicts Bitcoiners Will Become Wealthy
Rich Dad Poor Dad author Robert Kiyosaki has predicted that Bitcoin investors will become wealthy. He claims that those who save with fiat money will be the biggest losers.
Rich Dad Poor Dad is a 1997 book written by both Robert Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for more than six years and over 32 million copies of the book have been sold in more than 51 languages in more than 109 countries.
Kiyosaki took to Twitter on Thursday, stating that those who have gold, silver and Bitcoin will be the richest when the Federal Reserve, Treasury and Wall Street start printing trillions. He added that the “fake money savers will be the biggest losers.”
The renowned author has also previously warned of the potential pension crisis in the future. He believes it is far worse than anticipated in the United States. In 2020, he co-authored a book called “Who Stole My Pension?” with Edward Siedle. The authors and the book discussed the “greatest retirement crisis in the history of our nation and…the entire world”. When pension funds nearly collapsed in England recently, Kiyosaki warned that the US could face a similar situation.
Kiyosaki has explained in the past that the U.S. dollar became “counterfeit money” when President Richard Nixon removed it from the gold standard in 1971. He noted that instead of being tied to “real money”, such as gold, it was tied to the “full faith and credit” of the United States. In September, he said that counterfeit money is over and he anticipates the US dollar will crash in January.
The well-known author has repeatedly expressed his lack of trust in the Federal Reserve, Treasury, President Joe Biden and Wall Street. In February, he also warned that there would be no retribution for the Federal Reserve and Treasury attempting to destroy the US dollar, and advised people to buy Bitcoin.
His most recent statements stressed that cryptocurrencies were not responsible for the crash at FTX cryptocurrency exchange. He said Bitcoin was not the problem and former FTX CEO Sam Bankman-Fried compared the crash to a “Bernie Madoff” moment. Earlier this month, Kiyosaki explained that he is not a trader, but a Bitcoin investor and gets excited when BTC reaches a new bottom.
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