Bitcoin

Gold

<div class="cryptonews">
 <p class="is-style-lead">Gold’s recent push to an all-time high price is “great news,” according to <a rel="noopener noreferrer nofollow" title="author" href="https://thebittimes.com/tag/author.html">author</a> Robert Kiyosaki, who once again urged investors to put their money in the precious metal as well as Bitcoin (BTC).</p>
 <p>The Bitcoin proponent and acclaimed <a rel="noopener noreferrer nofollow" title="author" href="https://thebittimes.com/tag/author.html">author</a> of the popular personal finance book “Rich Dad Poor Dad” took to social media, where he has a following of over 2.4 million, and name-dropped Bitcoin as a worthy <a rel="noopener noreferrer nofollow" title="investment" href="https://thebittimes.com/tag/investment.html">investment</a> pathway.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">Great News Gold reaches new high. Bad News: Workers and savers are losers. Bad News: been saying the same for 25- years. Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.</p>— Robert Kiyosaki (@theRealKiyosaki) November 26, 2023
   </blockquote>
  </div>
 </figure>
 <p>Kiyosaki’s latest statement aligns with his previous remarks on prioritizing <a rel="noopener noreferrer nofollow" title="investment" href="https://thebittimes.com/tag/investment.html">investment</a>s in the leading cryptocurrency.&nbsp;</p>
 <p>Recently, concerned by the potential impact of inflationary policies, the financial educator advised traders and investors to consider investing in BTC as a protective measure.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Bitcoin could rally to $100,000 and beyond, expert predicts
 </div>
 <p>The bestselling <a rel="noopener noreferrer nofollow" title="author" href="https://thebittimes.com/tag/author.html">author</a> asserted that inflation, which he associated with Marxist ideologies, drives up prices while true capitalism strives to lower prices.&nbsp;</p>
 <p>He claimed that the current American leadership may lean towards Marxist principles, forcing people to consider securing their wealth in gold, silver, or Bitcoin instead of the rapidly depreciating dollar.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">TRUE CAPITALISTS bring prices down causing DEFLATION. MARXISTS raise prices causing INFLATION. Our leaders are Marxists which is why we have inflation. Protect yourself from our Marxist leaders. Save Gold, Silver, Bitcoin not dollars.</p>— Robert Kiyosaki (@theRealKiyosaki) November 22, 2023
   </blockquote>
  </div>
 </figure>
 <p>Back in June, Kiyosaki also cautioned that numerous regional banks and mortgage firms were teetering on the brink of failure. He even forecasted a looming crash in the real estate sector, potentially more severe than the 2008 housing crisis.</p>
 <p>Even then, his solution for the disaster was for Americans to accumulate Bitcoin and precious metals.&nbsp;</p>
 <p>Kiyosaki also anticipates that Bitcoin’s value will breach the six-figure threshold by 2024. This prediction is based on his belief that the U.S. dollar’s strength will wane following the introduction of a new currency by the BRICS nations.</p>
 <p>Others, like Warren Buffett, disagree. Earlier this year, the billionaire and legendary investor said he sees “no option for any other currency to be the reserve currency.”</p>
 <p>Kiyosaki’s latest comment comes against a backdrop of Bitcoin maintaining a bullish price outlook. The cryptocurrency is currently trading at $37,453 per data from CoinGecko.</p>
 <p>The price represents a 0.6% drop from 24 hours ago but a 2.64% increase in the past seven days. It recorded a 24-hour trading volume of $8.4 billion and boasts a market cap of $732.5 billion.&nbsp;</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Robert Kiyosaki bullish on crypto, analysts explore Bitcoin and viable altcoins
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/rich-dad-poor-dad-author-reiterates-bitcoin-investment-tbt71664.html">https://thebittimes.com/rich-dad-poor-dad-author-reiterates-bitcoin-investment-tbt71664.html</a></p>

‘Rich Dad Poor Dad’ author reiterates Bitcoin investment

TheBitTimes

Other articles published on Nov 26, 2023

Everything to Know About Sidechains, Their Capability, and Scope

Shiba Inu (SHIB) Weekly Burn Drops to Lowest in Months, Hype Fading?

Shiba Inu Burn Rate Significantly Declines Amidst Price Drop

XRP Poised For Huge Rally in December

SuperVerse (SUPER) Token Surged 230% in The Past 7 Days

Dogecoin’s rising transactions are connected to this experiment

Join our free newsletter for daily crypto updates!