In a recent interview with BitcoinCom, best-selling author Robert Kiyosaki predicted that the price of Bitcoin could reach $1 million, gold could reach $75,000, and silver could reach $60,000 if the global economy collapses.
Kiyosaki, who is known for his book "Rich Dad Poor Dad," said that he believes a global economic collapse is "not out of the question" given the current economic conditions. He pointed to factors such as high inflation, a demographic slowdown, and the Federal Reserve's tightening monetary policy as reasons why the global economy could be headed for a crisis.
If the global economy does collapse, Kiyosaki believes that people will flock to assets that they believe will hold their value, such as gold, silver, and Bitcoin. He said that Bitcoin is "digital gold" and that it is a good way to protect one's wealth from inflation and other economic turmoil.
Kiyosaki's predictions have been met with mixed reactions. Some people believe that he is right and that the global economy is headed for a collapse. Others believe that he is wrong and that Bitcoin is a bubble that is about to burst.
Only time will tell if Kiyosaki's predictions are correct. However, his comments have certainly sparked a debate about the future of the global economy and the role of Bitcoin in it.
In addition to the factors mentioned by Kiyosaki, other experts have also warned of the possibility of a global economic collapse. In a recent report, the World Bank said that the global economy is facing "severe headwinds" and that there is a "heightened risk of stagflation." The report also warned that the war in Ukraine could further destabilize the global economy.
It is important to note that Kiyosaki's predictions are just that - predictions. There is no guarantee that they will come true. However, his comments are a reminder that the global economy is facing some serious challenges and that it is important to be prepared for the possibility of a collapse.
