Bestselling author of Rich Dad Poor Dad, Robert Kiyosaki, warned of a possible collapse in the US dollar if the BRICS economic bloc launches a gold-backed cryptocurrency.
According to the forecast of American entrepreneur Robert Kiyosaki, if the BRICS countries launch an interstate stablecoin pegged to gold, then trillions of “counterfeit paper US dollars will flow back into America,” causing hyperinflation in the country. Ultimately, the US dollar will be destroyed, the billionaire said. Therefore, Kiyosaki once again repeated his usual recommendation so that people can protect themselves from the collapse of the US dollar:
“Now I am in South Africa, in the country that I love. I am observing and analyzing rumors about what will happen when the BRICS countries: Brazil, Russia, India, China and South Africa begin to issue their own cryptocurrency, which may be backed by gold. Better buy real gold, silver and bitcoins right now so as not to lose your savings,” Kiyosaki wrote in X.
The idea of creating an interstate BRICS cryptocurrency appeared back in 2019. In March, it became known that the countries of this economic bloc are ready to create a payment system based on digital currencies and blockchain. The exact timing of the implementation of this program is not yet known, but users should be on alert: attackers are increasingly issuing fraudulent BRICS tokens on behalf of regulators and large companies.
Kiyosaki has repeatedly expressed concerns about the depreciation of the US dollar in the future. Recently, the billionaire urged investors to abandon the dollar in favor of bitcoins and precious metals, which, in his opinion, will help survive any financial crisis.
