R. Kiyosaki urges to ‘buy Bitcoin’ amid hyperinflation warnings
Amid repeated predictions of an impending financial crisis, the author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has warned his followers about the dangers of hyperinflation , urging them to buy assets like Bitcoin (BTC), gold, and silver. Specifically, Robert Kiyosaki stressed that hyperinflation is not what many people think it is – prices going up – but that it actually “means the opposite” – the decline of the purchasing power of money, as he explained in an X post he shared on September 30. With this in mind, he has recommended to his followers to focus on buying as much gold, silver, and Bitcoin as possible “and be a winner, not a loser.” Indeed, Kiyosaki has long expressed his belief in investing in the above assets as a way to protect oneself in the upcoming crash. Kiyosaki’s warnings about US Notably, his viewpoint refers particularly to the United States, where he has predicted the downfall of the US dollar as the sign of an ...