According to U.Today, Robert Kiyosaki, a well-known investor and author of 'Rich Dad Poor Dad', has responded to a prediction made by economist and financial writer Harry Dent on a social media platform. Dent has forecasted a significant crash in the financial market, which he refers to as 'the biggest everything crash'. He believes that the 'Baby Boom Generation' will be the most affected as their real estate values plummet. Dent also predicts an 80% fall in the S&P index and a drop in Bitcoin's value to $200 per coin, a price last seen in 2013.
Kiyosaki, in response to Dent's predictions, stated that if Bitcoin's value does indeed fall to $200, he would purchase as many coins as possible. He also plans to invest more in real estate, gold, and silver. Kiyosaki believes that those who hold onto their Bitcoin, gold, and silver will see an increase in their wealth, regardless of whether Dent's predictions come true or not. He reminded his 2.1 million followers that 'Gold and silver are God's money. Bitcoin is people’s money and the dollar is fake money.'
Kiyosaki has previously expressed his intention to acquire 10 more Bitcoins before April, the month when the fourth Bitcoin halving is scheduled this year. He also acknowledged the possibility of Bitcoin being a scam but stated that it doesn't concern him as he believes all global fiat currencies could be considered scams as well.