‘Rich Dad Poor Dad’ Author Says Bitcoin Holders Will Get Richer When Fed Prints ‘Billions of Fake Dollars’ – Bitcoin (BTC/USD)

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‘Rich Dad, Poor Dad’ author Robert Kiyosaki claims that people who own Bitcoin BTC/USD will end up being richer than those he describes as ‘fake money savers’, and encourages his follower Twitter to buy crypto apex.

In a Friday tweet, Kiyosaki said Bitcoin holders would likely get richer when the Fed changes its monetary policy and starts printing more money.

He also said that in addition to Bitcoin, precious metals like gold and silver are likely to yield more value, unlike saving silver.

Earlier, he mentioned that he is a long-term investor of BTC rather than a trader and if the price of Bitcoin drops further, he will be more excited than nervous.

Also Read: The Analyst Who Called Bitcoin’s 2022 Collapse Is Optimistic for the Short Term: Here’s Why

Kiyosaki also warned that the US pension crisis could be the “next global Lehman”.

Recently, pension funds in England nearly collapsed, and Kiyosaki warned that a similar situation could occur in the United States.

Earlier in October, Kiyosaki mentioned he was bullish on Bitcoin because state-sponsored pension funds are starting to invest in BTC.

Kiyosaki has repeatedly warned that the United States is heading for economic collapse. He said in a tweet that in the midst of a financial meltdown, investors could keep their capital intact by loading gold, silver and bitcoin.

As of this writing, Bitcoin is trading at $17,156, up about 1% in the past seven days. The market capitalization of the crypto apex stood at around $330 billion.

Photo: Created with an image by Gage Skidmore via Wikimedia

Sources

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