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Sunday, June 26, 2022
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    HomeBitcoinRich Dad Author Recommends Bunkering Down With Food, Guns, And Bitcoin

    Rich Dad Author Recommends Bunkering Down With Food, Guns, And Bitcoin

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    Writer Robert Kiyosaki posted a disastrous prediction through his Twitter account and warned followers about shopping for Bitcoin. This could possibly be one of many few methods to guard themselves towards a possible upcoming international calamity.

    Associated Studying | Bitcoin And Retirement: U.S. House Bill To Include Crypto On 401(K) Plans

    Renown for writing the personal-finance best-selling title “Wealthy Dad Poor Dad”, Kiyosaki believes the world is getting into an period of turmoil. He said:

    DAVOS, Switzerland IMF warns world faces best monetary challenges since WWII. World catastrophe has been coming for years.   Determined leaders will do determined issues. Workd Conflict coming? God have mercy on us. Save gold, silver, Bitcoin, meals, weapons, and bullets.

    Kiyosaki has been a Bitcoin bull for a few years. The writer has advisable his viewers to purchase the cryptocurrency together with Gold, Silver, and different valuable metals on a number of events.

    These property may also help the typical traders to hedge towards the “demise of the U.S. {dollars}”. This looks like the ultimate scene within the present macro-economic state of affairs, based on Kiyosaki’s perspective.

    Again in 2020, at first of the COVID-19 pandemic, the writer made two vital statements concerning Bitcoin. At the moment, the cryptocurrency was nonetheless buying and selling under its 2017 excessive under $20,000 and remained rangebound, as it’s proper now till a rally pushed into value discovery.

    Kiyosaki denounced the so-called involvement of the U.S. Federal Reserve (FED) in creating debt, which led to the worth of Bitcoin rallying. The writer claimed the FED is lifeless because it allegedly “loaned” cash to large corporations that “can’t be paid again”.

    In the course of the pandemic, the FED and different central banks world wide elevated their cash provide in an try to forestall a significant hit to the worldwide economic system. As a consequence, the world faces a rise in international inflation.

    Don’t Look At The Worth Of Bitcoin

    This looks like the start of Kiyosaki’s prediction for the U.S. greenback and the present monetary system. When the worth of Bitcoin rallied, he wrote through Twitter:

    Bitcoin growth beating gold and silver. What does that imply? It means you higher purchase as a lot as now you can. Practice is transferring.  Greenback dying. Silver nonetheless inexpensive for everybody.  As greenback crashes what counts shouldn’t be value however what number of cash of gold, silver, or Bitcoin you personal.

    On this narrative created by Kiyosaki, the U.S. FED and the U.S. authorities are the villains. However, Bitcoin appears to be the savior in a story that appears to be headed to disaster.

    Some customers replied to the writer by stating that his prediction was exaggerated. Most agree the present monetary system faces a disaster, however they don’t ponder an apocalyptic end result the place bunkers and bullets are wanted.

    Associated Studying | El Salvador Doubles Down, Buys 500 BTC Amid Dip

    On the time of writing, BTC’s value stands at $30,300 with sideways motion within the final 24-hours.

    Bitcoin BTC BTCUSD
    BTC transferring sideways on the 4-hour chart. Supply: BTCUSD Tradingview





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