Investors who see Bitcoin and cryptocurrencies as a means of protection in the face of increasing inflation have started to buy more cryptocurrencies.
One of these investors is Robert Kiyosaki, the author of the book “Rich Dad Poor Dad”, which was sold in 109 countries and included in the New York Times Best Seller List.
Kiyosaki said that he bought more Bitcoin (BTC) and Ethereum (ETH) due to growing inflation concerns.
In a post on his Twitter account, Kiyosaki warned his followers against increasing inflation and said:
“Even stores that sell $1 items now sell $1.25 items. Inflation is a tax on the poor and middle class. Inflation makes the rich even richer.
Be smart and get richer. I buy more gold, silver, Bitcoin, Ethereum, rental property and oil. “
The famous writer, who said that he was worried about the increasing inflation before, advises his followers to buy Bitcoin.
In his previous posts, Kiyosaki claimed that the US President Joe Biden and the FED robbed poor people and that neither of them was honest.
Stating that there will be a giant collapse, Robert Kiyosaki told investors to buy gold, silver and Bitcoin, “Go with gold, silver and Bitcoin” he advised.
*Not investment advice.