Robert Kiyosaki, the author of the book “Rich Dad, Poor Dad”, came up with his new comments on the general economic situation. Kiyosaki is also known as one of the Bitcoin supporters. In line with this, he praises the largest cryptocurrency to his followers on Twitter. Here are the details…
Kiyosaki: Bitcoin holders will get richer
He says that people who own Bitcoin will become richer than those he describes as “fake savers.” Thus, Twitter encourages its followers to buy the biggest crypto. In a tweet on Friday, Kiyosaki pointed to the Fed. He said that Bitcoin holders will become richer when the Fed changes its policy and starts printing more money.
In addition to Bitcoin, precious metals such as gold and silver; He said it would add more value as opposed to saving money. cryptocoin.com As we reported, he previously said that he is a long-term BTC investor rather than a trader. He mentioned that if the Bitcoin price drops further, he will be excited rather than nervous. He also told many times that he bought BTC at very low prices in his time.
Next “global Lehman”
Kiyosaki also warned that the US pension crisis could be “the next global Lehman”. Pension funds in the UK have almost collapsed recently, and Kiyosaki has warned that a similar situation could unfold in the US. Earlier in October, Kiyosaki stated that he was optimistic about Bitcoin as government-backed pension funds started investing in BTC.
Lehman Brothers was a global financial services firm. Provided investment banking, trade, investment management, private banking, research, brokerage, private equity and related services. The firm was one of the major investment banks in the United States until September 15, 2008, when it declared bankruptcy. Its failure was largely caused by the subprime mortgage crisis. Its bankruptcy remains the largest ever. At the time of Chapter 11 filing, Lehman Brothers had been in business for 164 years.
In parallel with this, the term “Lehman moment” has also taken place in the economy. It refers to a situation where the problems of a company or a seemingly insignificant component of the economy are so great that they become everyone’s problems. Kiyosaki has repeatedly warned that the United States is headed for an economic collapse. In a tweet, he pointed out that in the midst of a financial crash, investors should turn to gold, silver and Bitcoin. This way, investors can keep their capital intact, he said. At the time of writing this, Bitcoin was trading at $17,211, up nearly 1% over the past seven days. The largest cryptocurrency has a market cap of around $330 billion.
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