Kiyosaki is famous for his predictions of an upcoming economic crash, where he starts praising the world's flagship cryptocurrency Bitcoin and also gold and silver. He considers all three to be safe haven assets that are likely to skyrocket in price in the near future.
Earlier this week, the author of"Rich Dad, Poor Dad" stressed the importance of Bitcoin, gold and silver as traditional assets continue to lose their value. He also recommended, rather than saving"fake USD," to invest them into Bitcoin, gold and silver. He called other financial tools"fake assets." But Bitcoin, gold and silver, he stated, provide"life-long financial security and freedom."
Another reason why he expected BTC to surge this year was the meeting of the BRICS countries' leaders in August in South Africa, where they discussed the potential launch of a gold-back currency to replace the U.S. dollar in their internal trade to reduce the dependency on the U.S. fiat currency.
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