Robert Kiyosaki, the bestselling author of the “Rich Dad Poor Dad” series of personal finance books, gave his newest views on Bitcoin on October 15.
“Rich Dad Poor Dad,” one of the top ten personal finance books of all time, “advocates the importance of financial literacy (financial education), financial independence, and wealth accumulation through asset investing, real estate investing, starting and owning businesses, as well as increasing one’s financial intelligence (financial IQ) to enhance one’s business and financial aptitude.”
Throughout the current COVID-19 pandemic, Kiyosaki has been critical of the Federal Reserve’s response to the economic fallout and has urged his large social media following to protect themselves from what he believes will be inevitable future high inflation (and possibly hyperinflation) by purchasing silver, gold, and Bitcoin with their fiat holdings.
Yesterday, soon after it became clear that the Securities and Exchange Commission (SEC) had tacitly authorized ProShares’ Bitcoin futures exchange-traded fund (ETF), Kiyosaki tweeted:
He was ecstatic that Bitcoin had broken over the $60,000 barrier for the first time in six months; nevertheless, he said that he was staying cautious and wanted to wait for another downturn before purchasing more $BTC.
Also Read: Jurrien Timmer Said That Bitcoin Will Reach $100,000 In The Next Few Years
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