Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has spoken about the devaluation of the US dollar and praised Bitcoin as an alternative ahead of the next BRICS summit. Kiyosaki believes that the BRICS nations, along with Saudi Arabia, Mexico, and Japan, will back a cryptocurrency backed by gold at the summit, leading to the "de-dollarization" of the world. He also stated that Bitcoin is the "biggest hedge against criminal money" and the "best insurance against high corruption and incompetence" in the US government. Kiyosaki owns 60 BTC and predicts that the digital asset will reach $120,000 in 2024.

Robert Kiyosaki, author of "Rich Dad, Poor Dad," has recommended investing in Bitcoin due to two interconnected reasons. Firstly, the stock market is rising, with the Dow Jones reaching its highest level since April last year. Kiyosaki attributes this to the removal of the US debt ceiling, which means the national debt will continue to rise along with the stock market. Secondly, Kiyosaki has warned of a "giant crash" coming soon, potentially caused by the creation of a new gold-backed currency for trading by BRICS countries. He advises readers to invest in Bitcoin, gold, and silver as soon as possible.

Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has advised his followers to invest in assets like Bitcoin as warnings continue that the US dollar will lose its position as the global reserve currency.

June 20 (Cointime) - Robert Kiyosaki, author of Rich Dad Poor Dad, believes that the banking industry crisis is ongoing and warns that LoanDepot, a California-based mortgage lender, may be on the verge of bankruptcy. Despite cutting 6,100 jobs, LoanDepot reportedly lost $610.40 million last year.

Robert Kiyosaki, the well-known author of "Rich Dad Poor Dad," has reiterated his views on the future of the US economy in a series of tweets. He emphasized the importance of Bitcoin, gold, and silver as crucial investments and predicted that the upcoming real estate crash in 2023 would be worse than the 2008 financial crisis.

As the US debt ceiling talks continue without any progress, economists are concerned that this could lead to a major global financial crisis. Despite politicians claiming that there will be a soft landing, Robert Kiyosaki disagrees and advises investors to turn to gold, silver, and bitcoin for protection. The inability of Republicans and Democrats to come to a decision on raising the debt ceiling raises questions about whether the US will default on its debt for the first time, and even if a deal is reached, the damage to the world's largest economy may have already been done.

Robert Kiyosaki has reiterated his warning of a potential massive recession in the United States and rising corruption, urging his followers to invest in gold, silver, and Bitcoin as a hedge against these problems. He believes that the country is in for a "crash landing" due to high corruption and incompetence.

Rich Dad Poor Dad author Robert Kiyosaki has warned of economic chaos, a war breaking out, hyperinflation, and rising starvation. Commenting on de-dollarization on a “massive scale,” he stressed: “It’s a weaponization of our U.S. dollar against the world … It’s all coming down fast right now.”

A known critic of fiat money such as the United States dollar, Robert Kiyosaki is an avid investor in assets such as the flagship cryptocurrency Bitcoin (BTC), gold, and silver but also in one less-than-expected commodity – the highly expensive Wagyu cattle.

Robert Kiyosaki, the author of "Rich Dad Poor Dad," shared on Twitter why he loves bitcoin and expects the price of BTC to reach $100,000. He bought 60 bitcoins at $6,000 per coin and has recommended bitcoin alongside gold and silver for quite some time. Kiyosaki believes that bitcoin is "people's money" and does not need the Fed or government bailout.