Robert Kiyosaki, author of 'Rich Dad Poor Dad,' once again urges his followers to pay attention to Bitcoin, citing the potential for financial collapse.
Kiyosaki and His Warnings of Financial Collapse
Kiyosaki is convinced that the global financial system based on government-issued fiat currencies will ultimately crumble under the weight of debt. He believes that bondholders and fiat money savers will find themselves on the losing side.
Speculation on Bitcoin Price Surge
Previously, Kiyosaki claimed that the price of Bitcoin could surge to $1 million this year, along with an expectation that the cryptocurrency could reach $250,000.
Investor Recommendations
Kiyosaki urges taking action to get richer while 'billions with obsolete ideas about money… become poorer.' He emphasizes that hard assets like gold, silver, and Bitcoin are likely to be the winners.
Thus, Robert Kiyosaki's warnings highlight the importance of reevaluating investment strategies amid potential economic instability.