The author of the book on personal finances “Rich Dad, Poor Dad” Robert Kiyosaki named his version of the reason for the collapse of Bitcoin and said that he buys more of the first cryptocurrency precisely during the fall.
Despite the collapse of the BTC rate to $82,256, Kiyosaki still supports Bitcoin and considers it a profitable asset. The American writer and entrepreneur explained the fall by financial instability in the world, and not by the volatility of the coin itself.
Kiyosaki wrote in X that the United States debt, including social programs and bonds, has exceeded $230 trillion. If other countries, including Japan and China, stop buying US bonds, inflation will rise sharply and the dollar will collapse, the entrepreneur suggested.
“The problem is not Bitcoin. The problem is our monetary system and criminal bankers. America is bankrupt and our US bonds are a joke. When Bitcoin goes down, I smile and buy more. Bitcoin is honest money. So I will exchange the fake money for gold, silver and Bitcoin,” Kiyosaki tweeted.
A few days ago, the writer once again warned subscribers about the impending economic catastrophe, which could cause the entire world market and Bitcoin to collapse. However, the first cryptocurrency will recover faster than all other assets, Kiyosaki believes.
