The entrepreneur and bestselling author of “Rich Dad, Poor Dad” has called for investing in bitcoin as the BRICS countries’ own currency will soon put pressure on the U.S. dollar.
Robert Kiyosaki has repeatedly warned of the imminent collapse of the dollar and the entire American economy, urging people to invest in gold and bitcoin. The other day, he said that an interstate association of Brazil, Russia, India, China and South Africa would soon introduce “its own gold-backed cryptocurrency”. Trillions of dollars will go back to the motherland. Inflation will go through the roof. Buy gold and silver. Bitcoin will reach $120,000 next year,” Kiyosaki wrote on Twitter.
In May, Robert Kiyosaki warned that the US could go bankrupt and urged investing in bitcoin. However, the federal government raised the ceiling of the national debt and there was no default.
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.