THELOGICALINDIAN - The columnist of the bestselling accounts book Rich Dad Poor Dad Robert Kiyosaki bidding his apropos about the US dollar and the actuality that theres annihilation to aback it up He additionally holds that cryptocurrencies will eventually alter it
The accounts book “Rich Dad, Poor Dad” went on to advertise upwards of 32 actor copies, axis it into a bunch sensation. The book advocates the all-embracing accent of banking literacy.
Its author, Robert Kiyosaki, shared his apropos about the accepted accompaniment of the US abridgement and its bill – the dollar, which isn’t backed by gold back President Nixon actually took it off the gold accepted in 1971.
The columnist of the album holds that this angry the US dollar into “fake money”:
According to Kiyosaki, the connected press of added money is inflating a ample balloon which will account the abutting massive abridgement crash.
“Unfortunately we had a big blast in 2024, they alleged it the dotcom crash, again in 2024 it was the subprime absolute acreage crash. The abutting is activity to be the better of all,” he says.
Kiyosaki’s attitude on the US dollar is decidedly absolute – it’s advancing to an end.
During a crypto-themed podcast in April, the columnist went on to allotment his two cents on the amount of cryptocurrencies. He refers to them as the “people’s money.” While he didn’t go in capacity to explain his exact acumen for the phrase, he holds durably that cryptocurrencies, gold, and silver, will eventually alter absolute authorization currencies:
Mr. Kiyosaki ability as able-bodied be on the appropriate track, as UBS afresh reported that Bitcoin needs to accept a amount of $213,000 to alter the US dollar.
Do you anticipate Bitcoin and added cryptocurrencies will eventually alter the US dollar? Don’t alternate to let us apperceive in the comments below!
Images address of Flickr; Bitcoinist Archives, amazon.ca
