["Rich Dad, Poor Dad" author Kiyosaki warns to move your money to Bitcoin]
Robert Kiyosaki, author of "Rich Dad, Poor Dad," emphasizes the importance of investing in alternative assets such as Bitcoin (BTC) amid economic uncertainty. Kiyosaki believes that capital market panics are different in nature from banking crises, which can occur without the public noticing. He noted that FDIC insurance only partially mitigates this risk and questioned the safety of relying solely on insurance.
Kiyosaki used to view cryptocurrencies as gambling, but now sees them as a store of value on par with gold and silver. He believes that the current financial system is "corrupt" and fragile, and recommends holding physical assets that are less prone to failure. Kiyosaki predicted that the value of Bitcoin could rise significantly, even reaching $1,000,000. He encouraged people to invest in Bitcoin, gold and silver to protect wealth and weather a possible economic downturn.
