- Robert Kiyosaki urges the general public to avoid wasting bitcoins, gold or silver as an alternative of pretend fiat currencies.
- The investor shares his considerations in regards to the lack of economic information of public leaders.
- Kiyosaki reiterates his bullish beliefs about Bitcoin, including that fiat traders are losers.
Crypto investor Robert Kiyosaki, finest identified for his monetary schooling e book Wealthy Dad Poor Dad, just lately reiterated his bullish outlook on Bitcoin. In his newest publish, X Kiyosaki urged the general public to avoid wasting “actual” bitcoin, gold or silver as an alternative of “pretend” fiat currencies.
Kiyosaki pointed to the potential of Bitcoin turning into a “fraud” or a “Ponzi scheme”. Nonetheless, he added: “Bitcoin is not any extra a fraud or a Ponzi scheme than the US greenback, Euro, Yen or some other ‘pretend’ or fiat foreign money. He strengthened his lack of curiosity in fiat currencies, claiming that these currencies are “large Ponzi schemes”.
Moreover, Kiyosaki shared his considerations about political leaders’ lack of economic information. Based on him, American political, banking and monetary leaders are incompetent and corrupt. He added that the leaders had robbed America and the world, he assumed
Our leaders don’t know management the rising US authorities debt and the US bond market and over inflated inventory market… They need to resign, be fired, impeached or jailed. Everybody ought to have their faculty tuition refunded. They clearly did not study something about cash, ethics, honesty or morals in class.
Based mostly on his recommendation from Wealthy Dad Poor Dad, Kiyosaki suggested his followers to put money into and save Bitcoin. He repeated the identical sentence from the textual content and wrote: “Savers (of pretend cash) lose.
Nonetheless, the investor additionally highlighted the potential of Bitcoin reaching zero similar to some other fiat foreign money. Reportedly, hundreds of “pretend” currencies have traditionally been canceled. Earlier than finishing his paper, Kiyosaki beneficial notable figures similar to Ral Paoul, Lawrence Lepard, Jeff Sales space, Mark Moss and Anthony Pompliano for monetary recommendation.
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