TECH
By Mitchell
january 31, 2022
Rich Dad Poor Dad
Robert Kiyosaki, who wrote the book "Rich Dad, Poor Dad," sees bitcoin as a way to protect himself from a "global recession."
Rich Dad Poor Dad
Robert Kiyosaki is a well-known investor and the author of the book "Rich Dad, Poor Dad." On Twitter, he talked about the global economy and bitcoin.
Rich Dad Poor Dad
He thinks the world's economy is worse than the U.S.'s during the 1930s Great Depression.
Rich Dad Poor Dad
Kiyosaki wrote on Twitter that the world is in a recession and a "turbulent period" is coming. He used many signs to support his claims, such as a rise in bankruptcies, mass layoffs, and homelessness.
Rich Dad Poor Dad
He mentioned that there are bargains to be obtained because the value of silver and gold has dropped, while bitcoin, in his opinion, remains valuable.
Rich Dad Poor Dad
"Rich Dad, Poor Dad," a well-known book about personal finance, focuses on learning about money, being financially free, and building wealth through investments and entrepreneurship.
Rich Dad Poor Dad
The author thinks that bitcoin has much potential, but he thinks differently about other cryptocurrencies. He believes that the Securities and Exchange Commission (SEC) may "crush" other cryptocurrencies.
Rich Dad Poor Dad
The author sees these assets as a way to save money when the economy and financial system are falling apart.