Robert Kiyosaki, the famous phenomenon followed closely by investors, made a post about Bitcoin in the morning. “Rich Dad, Poor Dad” Kiyosaki, whose book has sold millions, talked about the economic cooperation organization BRICS and Bitcoin.
Will BRICS Dethrone the US Dollar?
The economic organization consisting of Brazil, Russia, China, India and South Africa seeks solutions for international trade. The BRICS members, who are uncomfortable with the sovereignty of America, are working for an alternative reserve currency to the dollar, while using their local currencies among themselves.
According to Kiyosaki’s post on Twitter, BRICS will announce a cryptocurrency on August 22, 2023. Allegedly, the BRICS cryptocurrency will be backed by gold.
Robert Kiyosaki claimed that the US dollar will lose its role in the future due to inflation. The author of Rich Dad, Poor Dad advised investors to buy silver, gold and Bitcoin. According to Kiyosaki, Bitcoin will reach $120,000 next year.
Leading banking institution Standard Chartered recently shared a similar estimate.
Bitcoin (BTC) Price
The leading cryptocurrency Bitcoin has been trading in a horizontal range for about 20 days.
The fate of Bitcoin, which hovers in the range of 29.800-31.275, will determine in which direction it breaks the horizontal channel. BTC is currently trading at $30,450.
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.