Well, it turns out that kiyosaki is predicting a crypto crash that will be so massive that it will destroy dozens of projects and cause some potentially historic decline in the price of bitcoin. On june 19th, robert kiyosaki tweeted biggest bubble in the history of the world is getting bigger. The biggest crash is coming, i’m buying gold and silver, as i wait for the price of bitcoin to drop to twenty four thousand dollars best time to get rich. Please take care well, who is robert kiyosaki, and why should we even believe him, but first welcome to crypto future we’re giving away 300 at the end of the month, to our one random subscriber to start them on their crypto journey to enter all you need to Do is like the video subscribe and comment your favorite crypto coin in the comment section down below so without further ado. Let’S dive into the topic, shall we robert kiyosaki, is a famous author.
His book rich dad poor dad was a worldwide sensation and he is also a businessman and the founder of rich dad global llc. He also created rich dad company, a private financial company that offers business, education and personal finance to people through videos and books. He is said to be worth more than 100 million dollars and when it comes to financing, he knows a thing or two, so probably a good idea to hear what he has to say. His tweet comes as a shock to many, as earlier this year he had been pretty bullish about crypto. He noted that the increase in money printing by the government, devaluation of the dollar and excessive stimulus would give bitcoin a golden ticket.
The man even predicted that in april, the price of bitcoin would surge to 1.2 million dollars. It is therefore difficult to understand his sudden shift instance in the crypto game and why he is so confident that bitcoin will crash to 24 000 soon before we dive into this. Please note that this is not financial advice and we are not responsible for any losses or profits you may make after watching this video. The first thing you have to understand about kiyosaki’s bubble crash prediction is how his mind works.
You see, kiyosaki is an unorthodox kind of guy who looks at the market differently, and you can tell by some of his entertaining tweets that he loves taking a shot at the conventional system. He has a radical mindset and he is highly critical of any financial structure. He does not give a hoot on whether it is centralized or decentralized, but then again he did mention that a crash could be the silver lining. He says that crashes are the best time to get rich well. What does this mean?
You may think that his predictions are all over the place, but if you are paying close attention, you will see that what he is talking about has a consistent theme and the issue is not a currency, but the government. You will see that he predicted that the crypto crash would cause investors to pull out. This is a classic case of getting out, while the going is still good for kiyosaki. Investing in bitcoin couldn’t have come at a perfect time. He is encouraging anyone and everyone to invest now.
According to him, currencies like silver and gold or bitcoin are not the issue. The federal government’s response to them is heck, it’s how they handle the money altogether. In previous years, he has talked about how the us dollar has been weakened by irrational financial decisions made by the federal government. He warns that people should purchase more silver and gold in cryptocurrencies like bitcoin. The reason is that, according to him, the way the world is going, there won’t be any reason to print money in the near future.
So say goodbye to the fiat system. Kiyosaki believes that investments in digital currencies could cut down on the government’s operational costs in printing money. No doubt that it is expensive to print money in circulation for more than 300 million americans. Once the government accepts this, then cryptocurrencies will rise in value again. That is why he thinks the crash is the perfect time to scale up and invest in the coin.
Is this true or totally insane? Could there be a method to kiyosaki’s madness? Well, there is no denying the value of the us dollar has taken. Some serious hits, especially during the covet 19 pandemic, and the economy is still on shaky legs. Millions of people have already lost their jobs and their livelihoods.
Kiyosaki is urging people to invest in cryptocurrency as it could be. The ticket to a better life cryptocurrencies, like bitcoin, have already gained approval from governments and other financial institutions around the world. It is a feasible payment method, so anyone willing to purchase bitcoin during the massive crash could reap the fruits of their investments in the next six. To seven years in the future, kiyosaki has gone on record to say that he will buy bitcoin once the price falls. He likens the crypto crash to the classic case of the investor versus the businessman, which has been discussed numerous times in his best-selling book.
He even admitted that the main reason for his intention to purchase bitcoin in large amounts right now is so he can rescue the dying dollar. His objective is not to make huge profits now, but to reap the fruits once the dollar finally loses ground, while his moves are pretty bold and admirable to some extent, we have to remember that the dollar is one of the strongest currencies in the world. Yes, it is losing its value, but it is still very resilient and supported by the federal government, one of the strongest financial institutions in the world. At the same time, bitcoin remained relatively stable throughout the pandemic and even surged in value still as global economies regain their footing once more. He believes that the federal government and financial institutions working behind the scenes will disrupt them cryptocurrency market and gain footing once more.
For example, the words of the anti-crypto investor, jim rogers, explicitly mentioned in 2020 that bitcoin and other cryptocurrencies should get in the ways of financial institutions in the government. Are they would face elimination from the market? According to him, the only reason cryptocurrencies continued to operate was that they were decentralized and they could therefore run their operations from anywhere in the world. As for kiyosaki, who supports cryptocurrencies like bitcoin, his advice to the federal government is to stop flooding the economy with money. Not only is this disrupting the global markets, but it is also affecting the well-structured decentralized platforms like bitcoin.
This is making people tired and they are not looking at decentralized currencies as their way out from the harsh conditions of a weakening dollar. Even if an impending crash is on its way. The question is, then: will the federal government head his strong and radical comments? Few investors have given him a listening ear, but we are hard pressed to see whether they will actually act upon what he said in the rare event that they do accept some of his proposals. We may just see the economy take a turn for the better.
The likes of gold and bitcoin will surely surge in value and decentralization may just harmonize some aspects of financial security and equal investment opportunities for all. For now, all we can do is wait and see what will happen in the next couple of years. With that being said, that’s it for this video. We hope you enjoyed kiyosaki’s predictions if you’re new here it would be greatly appreciated if you liked the video and subscribed to our channel it’s free, and you can always change your mind. Thank you so much for watching and i’ll see you in the next one.