Rich Dad Poor Dad Author Explains Why He Bought Bitcoin
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Answer Rich Dad Poor Dad Author Explains Why He Bought Bitcoin
Robert Kiyosaki, author of Rich Dad Poor Dad, shared his reason for buying Bitcoin in a few tweets.
It is worth noting that “Rich Dad, Poor Dad” is a 1997 book written by Kiyosaki and Sharon Lechter.
The book has been a best seller and has been on the New York Times bestseller list for more than six years.
More than 32 million copies of the book have been sold in more than 51 languages in more than 109 countries.
In one tweet, the author explained that he is buying bitcoin because pension funds are buying cryptocurrency.
Referred to an article posted by Forbes magazine titled:
Read:Federal Reserve: Not having a digital dollar is not an option anymore!
Your state pension is now gambling on cryptocurrencies.
The article included a survey showing that 94% of US and local state and local pensions invested in cryptocurrency.
On Twitter, Kiyosaki wrote the article to his 1.2 million followers:
Why do I buy Bitcoin?
Pension funds are the largest investment companies in the world doing just that.
In another tweet, Kiyosaki explained why he was proposing to buy gold, silver and bitcoin.
The famous author explained that when pensions were nearly collapsing, it revealed that central banks could not fix inflation.
He noted that pensioners had always invested in gold and silver, and now they are investing in bitcoin.
Meaning that “Robert Kiyosaki” buys bitcoin, and his reason and argument for this is that pension funds do so to combat inflation
Last week, the Bank of England told lawmakers that a number of pension funds were hours away from collapsing when the Bank decided to intervene in the British bond market after a massive sell-off of UK government bonds.
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Kiyosaki also mentioned in his tweet that pension funds know that money, stocks and bonds are fake.
The author also recently warned that the end of fake money is closer than ever, and urged investors to invest in real money like gold, silver and bitcoin.
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The author recommends buying bitcoin along with gold and silver for some time.
Last month, he urged investors to get into cryptocurrencies, before the biggest crash in world history occurred.
He indicated in June that he was waiting for the bitcoin price to test the $1,100 level.
Last week, he said that as the Federal Reserve continues to raise interest rates, there will be buying opportunities in gold, silver and bitcoin.
He also predicted that the US dollar would collapse by January next year.
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