Rich Dad Poor Dad author Robert Kiyosaki says “Bitcoin has the greatest upside.” He also revealed that he invests in the cryptocurrency because he does not trust “our leaders, the Fed, Treasury, nor the stock market.”
Robert Kiyosaki Reveals Why He Buys Bitcoin, Says the Crypto Has the Biggest Upside
Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, explained Tuesday why he invests in bitcoin, noting that the cryptocurrency has the biggest upside in the current environment.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki tweeted Tuesday after bitcoin’s price rose past the $50,000 level: Bitcoin to $50,000. Great news for bitcoin holders. Bad news for mom and pop. The primary reason I invest in bitcoin, gold, & silver is because I do not trust our leaders, the Fed, Treasury, nor the stock market. Unfortunately mom and pop who save money do.
The Rich Dad Poor Dad author also tweeted about bitcoin Monday. “Bitcoin is booming. Gold is stagnant. Silver is 50% below all time highs. Dollar is dropping,” Kiyosaki wrote, elaborating:
Bitcoin has the greatest upside. With dollar dropping, bitcoin and silver are the best investments.
Kiyosaki has been advising people to buy bitcoin for quite some time, emphasizing that the dollar is dying. In June, he warned of the biggest crash in the world’s history. When the price of bitcoin fell below the $40K level in May, he urged investors to buy the dip.