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Robert Kiyosaki: The Market Crash Has Begun—The Comeback of Bitcoin Will Be Huge
Robert Kiyosaki warns of an impending economic crisis, predicting that bitcoin will recover faster than any other asset. He urges investors to abandon fiat money and hold onto BTC, gold, and silver. Robert Kiyosaki talks about the impending collapse—saying that Bitcoin will surge like never before Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed renewed concern about a major financial recession while sharing his thoughts on bitcoin in multiple posts on social media platform X this week. His book, which has sold more than 32 million copies, has been translated into more than 51 languages and remained on The New York Times bestseller list for more than six years. Kiyosaki warned on February 20 of an impending economic crisis. "A colossal collapse???? If there is a giant collapse of what is often referred to as the 'Everything Bubble,' stocks and bonds, real estate, gold and silver and bitcoin will collapse with it," he described. Despite this bleak outlook, he has made it clear that he has no plans to sell his BTC. Kiyosaki further explained: If the price of bitcoin drops sharply, I will come back and buy more. Reason: when the bubble collapses, as is happening now, bitcoin will recover the fastest and rise higher. He concluded his post with a question for his 2.7 million followers X: 'What are your plans after the accident?' On February 19, Kiyosaki discussed economic inequality, asserting that "the rich are getting richer but the poor and middle class are getting poorer." He attributed this to what he called "fake dollars"—fiat currencies that, in his view, benefit the rich while eroding the savings of ordinary people. He writes: Counterfeit money makes the rich richer and the poor and middle class poorer. Counterfeit money causes assets such as gold to rise in price. “And $ fakes make the cost of living such as food, fuel, and inflation rise, making life more difficult, more expensive for the poor and the middle class,” he continued. Reaffirming his long-held position, he declared: “The rich don't work for money and those who save ($ fake) are the losers,” urging everyone to invest in gold, silver, and bitcoin, which he sees as “real money.” Reviewing his financial principles, Kiyosaki reflected on the teachings in the book Rich Dad Poor Dad from 1997 in another post on X, noting that the original publishers had initially rejected his idea. He reiterated three fundamental beliefs: "the rich don't work for money," "your home is not an asset," and "the saver is the loser." Warning that "millions of employees are losing their jobs," he emphasized that entrepreneurs continue to accumulate wealth. He also criticized reliance on fiat currency, declaring: "Inflation occurs when the Federal Reserve and the Treasury print trillions of fake money". Encouraging people to protect their assets, he called gold and silver the money of God and bitcoin the money of the people, urging everyone to apply his strategies to achieve financial freedom.