‘USD Is a Scam’ says ‘Rich Dad, Poor Dad’ Author, Robert Kiyosaki
Robert Kiyosaki, the writer of the popular monetary self improvement guide “Rich Dad, Poor Dad” has portrayed the US dollar as a trick, pronouncing that bitcoin and different cryptographic forms of money are “monetary standards of the general population” that will outlast fiat cash.
Talking with Kim Hughes on the Normal Crypto Web recording in which he abraded the dollar, Kiyosaki likewise anticipated an impending securities exchange crash.
“The US Dollar is a scam…I think the dollar is toast because gold and silver and cybercurrency are going to take it out…The US Dollar is gone…In the year 2000 there was one currency, the US Dollar. It was called the reserve currency of the world…and then came bitcoin or cybercurrency.”
Talking about his new book, Counterfeit: Counterfeit Cash, Counterfeit Educators, Counterfeit Resources, Kiyosaki uncovered that he expounded on how gold, bitcoin, and different digital forms of money are a superior support against an approaching breakdown of the monetary market.
“In my new book… I talk about the three types of money today: God’s money, which is gold and silver, government’s money which is fiat currency, which is done by government decree which is the dollar… Then there’s the people’s money, which is cybercurrency on the blockchain technology. Gold is a hedge and I am expecting a collapse on the system…[and] which is why you are into cybercurrencies now… bitcoin and ethereum.”
Going further, he communicated a progression of regularly questionable money related feelings including a portrayal of fiat cash savers as “washouts” and requiring an arrival of the best quality level to the dollar following its 1971 evacuation by President Richard Nixon.
Kiyosaki is no more abnormal to such suppositions, having already expressed in a meeting that another crash that will be “the greatest of all” is en route following the accidents of 2000 and 2008.
He isn’t the main conspicuous open figure to hold comparative feelings about fiat cash in contrast with bitcoin and cryptos. CCN detailed in 2017 that Mac fellow benefactor Steve Wozniak declared that bitcoin is better than USD, which he alluded to as “sort of fraud.”
Bill Entryways and previous Goldman Sachs director Nomi Prins have additionally anticipated a monetary market crash, however they have not freely communicated an inclination for bitcoin or cryptos. Entryways specifically has been bearish on bitcoin in ongoing meetings.
In April, when inquired as to whether the U.S. will have another budgetary emergency like that of 2008, Entryways reacted in the certifiable, portraying it as an “assurance” in spite of being hard to time.