Robert Kiyosaki urges everyone to buy Bitcoin instead of US dollar

Robert Kiyosaki wants you to save Bitcoin and gold while the U.S. dollar is destroying global economy.

Popular businessman and author best known for his bestselling book “Rich Dad Poor Dad” published in 1997, has given his opinion on the world’s events and Bitcoin.

Robert Kiyosaki, author of the bestselling “Rich Daddy, Poor Daddy” urged people to give up saving in devalued fiat currencies in favor of gold or Bitcoin.

“DEATH OF DOLLAR. People desperate for money. Very sad. If government gives you free money take it yet spend it wisely. DO NOT SAVE. Buy gold, silver, Bitcoin. Dollar is dying. Silver $20. Best Buy for future security. Everyone can afford $20, especially with free fake money.”

Kiyosaki refers to the recent sharp reduction of the Fed’s rate to a range of 0–0.25% and other radical measures to stimulate the U.S. economy amid a coronavirus pandemic.

Entrepreneur wrote that since 1971, the dollar has been a debt obligation, making the rich even richer and the poor even poorer.

“Lesson 5. DEBT. 1971 Dollar became DEBT. Debt makes RICH richer. Debt makes POOR & MC poorer. IF US Debt to GDP ratio 60% world sound. Today US Debt to GDP 110% and climbing. US bankrupt. Debt, dollar, greed destroying lives & world economy VERY SAD. Save gold, silver & Bitcoin.”

According to him, it is acceptable for the economy when the ratio of government debt to gross domestic product (GDP) is 60%. However, the U.S. now has this figure has reached 110% and continues to grow.

“The US is bankrupt. Debt, dollars and greed destroy lives and the world economy. It’s very sad. Keep the gold, silver and Bitcoin.”

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