May Bitcoin keep us! Best-selling author Robert Kiyosaki regularly accustoms us to praise Bitcoin (BTC)which he sees as a protection against economic crises and the inflation of fiat currencies (dollar, euro, etc.). The multimillionaire is more than ever pessimist on the world economy and, in this coming storm, sees Bitcoin as a safe investment on a par with gold and silver.
If you don’t trust governments, choose Bitcoin
The author of « Rich Dad, Poor Dad is no stranger to shock statements. Robert Kiyosaki is the kind of man who doesn’t mince his words when it comes to criticize visit fiat currencies of states, the central banks and the finance of Wall Street.
At a recent interview granted to the The Daniela Cambone ShowRobert Kiyosaki has strongly criticized the end of the gold standard (or, gold standard), which was definitively buried by U.S. President Richard Nixon on August 15, 1971. It was then that Bitcoin is cited in addition to gold by the multimillionaire, for all those who don’t trust in the trusted currencies (precisely) of the States – fiduciary currencies from « fiduciaLatin for trust.
« I tell people: go back to your own gold standard! You know what I mean? Why wait until the government decides to do it for you? Yes, go back to your own gold standard. (…) I love Bitcoin because we have a common enemy. It’s called the federal government, the Treasury, but also the Federal Reserve (the Fed) and Wall Street. I don’t trust them. If you trust them, save your dollars and buy yourself a nice bond! Personally, I don’t trust them. »
Robert Kiyosaki
BTC worth up to « $1 million » in the event of a crisis
And that’s not the only recent statement from Robert Kiyosaki about the king of crypto-assets. Indeed, on his X account (Twitter), the best-selling author once again gives price forecasts on Bitcoin. If he had been right in December 2020, forecasting BTC at over $50,000 in 2021This time, he’s even bolder.
Already, like many observers bullish (bullish) crypto market, Robert Kiyosaki is convinced that the Bitcoin price will reach 100,000 dollars soon. But this forecast is actually quite common. On the other hand, in the event of severe economic crisissuch as a collapse of the US dollar, the multimillionaire sees a single BTC reach million dollars.
« Bitcoin at $100,000. I’ve been saying for years that gold and silver are God’s currency. Bitcoin is the People’s currency (…) [100 000 dollars] if the stock and bond markets collapse, gold and silver soar. (…) Worse, if the world economy collapses, Bitcoin will be at $1 million, gold at $75,000, and silver at $60,000. Savers of fake American money have been duped. The debt is too high (…) I hope I’m wrong. Take care of yourselves! »
As Americans and Europeans have seen with high price inflation energy and food prices (among others), it would not be not so incredible to see a bitcoin at 1 million dollars in the event of a serious economic crisis. But the question will be: how much is enough? purchasing power How do future dollars compare with today’s? If we look at the dollars of the past in relation to those of today (for example, in relation to their value in gold since August 15, 1971), there’s plenty to be concerned about. pessimistic.
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