Popular investor and financial analyst Robert Kiyosaki insists that buying Bitcoin is a good strategy to intelligently withstand the times to come. Taking advantage of the fall of the main indices on Tuesday, the expert renewed his warnings about an imminent collapse. In his opinion, only people who buy certain reserve assets will have the possibility of emerging as millionaires in the face of the fall.
In a recent post on his X account, the author comments that in fact such a gigantic global collapse is already underway. According to his warnings, the responsibility for this hypothetical global financial collapse lies with the bad policies of the central bank.
He points out that during the 2008 financial crisis, the Federal Reserve's executives acted dishonestly. In this regard, he says that the then Fed chairman, Ben Bernanke, paid himself and bankers billions of dollars in bonuses. At the beginning of 2025, things will be much worse than they were then, he says.
" By 2025, the car market, housing, restaurants, retail and even wine sales will collapse. To make matters worse, the world is on the brink of war ," the expert said in the aforementioned publication.
Kiyosaki insists that assets like Bitcoin, gold or silver will be essential to deal with the effects of the crash. Although these reserve assets will also crash, they have a big difference with respect to the dollar. Consequently, cryptocurrency and metals are real money , while the greenback is junk money .
I WARNED Y'all. 2013 Published Rich Dad's PROPHECY.
Prophecy predicted the biggest stock market crash in history was coming. That CRASH is NOW.
How did I know this giant crash was coming? I knew because in 2008 our leaders, led by Fed Chairman Ben Bernanke, paid himself and…
Kiyosaki calls for buying Bitcoin with “junk money”
According to Kiyosaki, smart investors should take advantage of the fact that the dollar still represents something of value. Before that reality changes and its value disappears, investors should transfer it to assets that preserve it. In his text, he states that he himself is consistent with what he preaches on social media.
He says he is constantly buying safe haven assets with fake money, namely the dollar. This will be enough to keep him safe while thousands of investors panic. It is worth mentioning that these kinds of warnings are not new and Kiyosaki has been predicting a gigantic collapse of global markets for years.
Some users criticize him for this repetitive attitude of something that is not going to happen, at least in the short term. One of the users responds to his post and says that since 2016 Kiyosaki has been warning year after year about an imminent fall that never happens.
In any case, Kiyosaki is certainly convinced that Bitcoin is an alternative and that a crash is indeed imminent. Last year, he reported on his Bitcoin holdings, which number more than 70 coins. He also stresses that he also has millions of dollars in gold, silver and real estate. In a separate post, he acknowledges that the latter have made him very rich.
