"The Rich Dad Poor Dad" author makes an important statement on Bitcoin

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Kiyosaki shares his views
"Bitcoin will take off, gold will collapse": Kiyosaki
Robert Kiyosaki, a major supporter of Bitcoin and an educational entrepreneur known for his bestselling book "Rich Dad Poor Dad," has made an important statement regarding the Federal Reserve and the world's flagship cryptocurrency.

Kiyosaki shares his views
The investor expressed his dissatisfaction with the Federal Reserve in a recent tweet, where he sharply criticized the Fed (contrary to the popular advice of "don't fight the Fed") and urged his 2 million followers on Twitter to purchase Bitcoin as well as silver and gold. He tweeted that it's wise to buy Bitcoin instead of trusting the Federal Reserve.

This tweet came after another recent message from Kiyosaki this week. On February 15th, the financial guru (as many refer to Kiyosaki) stated on Twitter that he believes it's wiser to trust Bitcoin than the Federal Reserve.
He explained his dissatisfaction with the Federal Reserve. Kiyosaki believes that the Federal Reserve is a major problem for the US economy, as it has already destroyed the US economy. According to his tweet published on Thursday, it has also "made the poor and middle class poorer and bailed out their rich bank friends."

Robert Kiyosaki calls on his followers to pay less attention to the statements or actions of the Federal Reserve and instead rely on Bitcoin as a hedge asset.

"Bitcoin will take off, gold will collapse": Kiyosaki
Earlier this week, the investor predicted that Bitcoin would take off because banks are not buying US bonds but are more willing to hold gold. Kiyosaki believes that the price of gold will return to levels below $1,200 in the near future – another reason for his expectation of a rapid rise in the price of Bitcoin.

Last week, Bitcoin, often called "digital gold" by its maximalists, saw an impressive surge of over 8%, skyrocketing from $47,953 to $51,802 at the time of writing. The rapid growth in the price of Bitcoin this week has largely been driven by a significant influx of Bitcoin into spot ETFs over the past three days. They have accumulated nearly $300 million worth of Bitcoin, with BlackRock and Fidelity spot ETFs leading the way. On Friday, the cumulative inflow reached $70.1 billion, marking the highest single-day inflow volume to date.

Indra55

If the Fed cuts interest rates, Bitcoin is likely to rise.

Jafar224

Giving advice still requires someone calm and collected.

Isha000

Is a writer's statement really that important?