According to R. Kiyosaki, Bitcoin will be worthless once CBDC hits the market

Robert Kiyosaki voiced his worries and urged his followers to immediately begin amassing Bitcoin (BTC), gold, silver, and cash.

In particular, in an X post on September 29th, the author of the best-selling personal finance book “Rich Dad Poor Dad” predicted that the “FED CBDC [was] coming,” referring to the widely held belief that the “FedNow” payment system is merely a precursor to the launch of a nationwide central bank digital currency (CBDC).

As a consequence of the Fed CBDC, Kiyosaki predicts a surge in the value of gold, silver, Bitcoin, and cash, making them “priceless,” and advises his readers to buy and store these assets “now before it’s too late.”

In fact, the “FedNow” system went live on July 20, 2023, despite opposition from all political parties in the US. One of these was Robert F. Kennedy Jr., the Democrat candidate for president, who said that a CBDC would cause “financial slavery and political tyranny.”

At this time, one Bitcoin is worth around $27,162. As the cryptocurrency market gradually recovers, today’s gain of 2.72% is a weekly increase of 1.83%. However, the first cryptocurrency is still showing a monthly drop of 1.03% according to the data.

Finbold stated on September 20 that the author of “Rich Dad, Poor Dad” warned that the time was running out to purchase the flagship asset of decentralized finance (DeFi), as well as gold and silver, which he said were still relatively affordable investments.

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