Kevin Helms
A student of Austrian economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of finance and cryptography.
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The well-known author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin falling. “I’m a bitcoin investor,” he said, adding that when the price of the cryptocurrency hits a new low, he gets excited.
Rich Dad Poor Dad author Robert Kiyosaki says he’s not worried about the price of bitcoin as BTC fell below $17K amid the implosion of cryptocurrency exchange FTX.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages in more than 109 countries.
Kiyosaki tweeted on Friday:
Bitcoin? Worried? No. I am a bitcoin investor as I am an investor in physical gold, silver and real estate. I am not a trader or flipper. When bitcoin hits new low, $10 to $12k? I want to be excited, not worried.
He added that he is betting against the Federal Reserve, the Treasury and President Joe Biden while betting on gold, silver and bitcoin.
The famous author has been recommending bitcoin for quite some time. Last month he explained why he buys BTC. In September, he urged investors to get into crypto now before the biggest financial crash happens.
He recently warned that the stock, bond and real estate markets will crash as the Federal Reserve continues to raise interest rates. He has also repeatedly warned that the Fed’s interest rate hikes will destroy the US economy.
Kiyosaki thinks the US dollar is toast, noting that Saudi Arabia has asked to join the BRICS nations. The renowned author said the end of fake money is here and predicted that the US dollar will crash by January next year.
What do you think of Robert Kiyosaki’s comments about bitcoin? Let us know in the comments section below.
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