Author of Rich Dad, Poor Dad, Robert Kiyosaki, Backs Bitcoin, Dumps Dollar

in hive-175254 •  13 days ago 

As Bitcoin continues to rally massively over the past few days to reach a 2020 all-time high, investors are expressing strong optimism about the beginning of a bull run. And the interest in Bitcoin and those talking about it are increasing by the day.

Not too long ago, a bestselling American author, Robert Kiyosaki, whose masterpiece on financial literacy, Rich Dad, Poor has sold over 37 million copies, joined his voice in support of Bitcoin. Kiyosaki advocated that people should buy Bitcoin because the US Dollar was dying, could even lose its place as the world's reserve currency.

Kiyosaki went on to call the US dollar a scam because of the indiscriminate way it was being printed and then advised people to instead buy Bitcoin, gold and silver. His predictions are that Bitcoin will outperform the US Dollar because the latter will lose its value over the coming years.

Only time will tell whether Kiyosaki's financial advice is worth heeding, nevertheless it can not be ignored because of the wealth of his experience when it comes to investment.


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I love Kiyosaki's judgement financial wise
Truth is most of these "A-list" personalities had actually been on Bitcoin long before proclamation by media

Only time will tell whether Kiyosaki's financial advice is worth heeding, nevertheless it can not be ignored because of the wealth of his experience when it comes to investment.

The future is here
Bitcoin is the future
Bitcoin is here..
Lol!

Truth is most of these "A-list" personalities had actually been on Bitcoin long before proclamation by media

If anything, I think you're right on this. Kiyosaki could be one of the early lowkey adopters.

Exactly!

It is only wise to buy bitcoin when compared to dollar.
However people should apply wisdom and heed to risk management principles.
People could also follow the concept of dollar cost averaging too.
Robert is a man of great understanding of the economics of things.

Yea you made very great points on Dollar averaging. For me, I buy when the price looks reasonably fair and then starts Dollar averaging from the point where the market goes against me. Cheers

Wise recommendations from a businessman with a good vision of the future, BTC arrived to make a big difference in the world, and who we are in the criptos stage, we know it.

That's right, friend. I share your sentiments, very strongly.

Really an interesting news read today. I hope this shapes up things around the crypto world.

I do hope so too friend and do so very strongly.

This is a very wise man indeed in the world of finance, his word carries weight.
And it's only a matter of time before you can see what the cryptomoney boost will be like, I'm excited and hopeful.

Kiyosaki has both wisdom and common sense. He's definitely one worth reading and listening to.

If you've said it, then I believe and trust it. I'm glad that you also share these sentiments. Cheers

I already read this book a few months ago (and it’s awesome in every single way).