The entrepreneur claims that a decline in citizens’ financial standing may increase demand for alternative investment solutions.
Robert Kiyosaki, an American businessman and the best-selling author of “Rich Dad, Poor Dad,” attributed the recent rise in bitcoin and precious metals prices to the worsening financial situation of US residents. He claimed that “the middle class and poor in America are going poorer and deeper in debt,” which might increase demand for BTC and other alternative investment goods.
The businessman recommended making investments in currently affordable commodities like silver. Kiyosaki stated out, “Just $30 and start growing affluent.” Kiyosaki encouraged the buying of cryptocurrencies in September 2022. He believes that given the impending collapse of all markets as well as the systemic downfall of the economy, this is imperative. Kiyosaki recommended purchasing bitcoin, gold, and silver in October, stating that the demise of the USD might occur as early as January 2023.