Robert Kiyosaki Warns of Dollar’s ‘Imending Collapse’ – Suggests Buying Bitcoin, Ethereum, Solana – Bitcoin News Picks

Robert Kiyosaki, the famous author of the best-selling book “Rich Dad Poor Dad,” warned that the dollar “is about to collapse.” His suggested investments include the cryptocurrencies bitcoin, ethereum and solana.

Robert Kiyosaki predicts dollar implosion, blames Biden for inflation

“Rich Dad Poor Dad” author Robert Kiyosaki is back with more warnings about the dollar’s impending collapse. He also advised investors to buy some cryptocurrencies, mentioning three in particular: bitcoin, ethereum and solana.

Rich Dad Poor Dad is a 1997 book by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. The book has sold over 32 million copies in over 51 languages ​​in over 109 countries.

Kiyosaki warned on Twitter on Monday that the world was in trouble. “Treasuries will skyrocket,” he wrote, stressing that the dollar “is about to collapse.” The famous author insists that President Joe Biden is causing inflation. He then advised investors to buy more gold, silver, Bitcoin, Ethereum and Solana ahead of World War 3.

Kiyosaki has repeatedly warned of the end of the dollar. He also recently said that we are in the biggest bubble in the history of the world.

Kiyosaki recommends Bitcoin, Ethereum and Solana

While Kiyosaki has recommended Bitcoin (BTC) and occasionally Ethereum (ETH) several times in the past, he has only recommended solana (SOL) until now. In November, he said he was buying more bitcoin and ether as inflation escalated.

Many questioned why he advised investors to buy solana. SOL proponents see the Rich Dad Poor Dad author’s advice as very bullish on the price of cryptocurrencies, while others disagree that it is a good investment. Some suspected that Kiyosaki was collecting money to promote solana, emphasizing that the famous writer “loves hard currency”.

Another celebrity investor who recently entered solana is Kevin O’Leary. The Shark Tank star, aka Mr. Wonderful, has been on Kiyosaki’s Rich Dad show, and Kiyosaki previously said O’Leary “knows what he’s talking about.”

In January, O’Leary said Solana and Polygon would be the two most successful projects. However, O’Leary, a paid spokesperson for cryptocurrency exchange FTX, may have been influenced by FTX CEO Sam Bankman-Fried, who suggested that solana could be the next bitcoin. Bankman-Fried and his team have been working on projects built on Solana. “Who’s doing this? Sam Bankman Fried and his team. Why don’t you bet on that horse?” O’Leary said.

Despite his crypto advice, Kiyosaki warned earlier this month that the government would confiscate all cryptocurrencies following the launch of a “Fed Cryptocurrency.” Nonetheless, he then stated that Russia’s war with Ukraine has made cryptocurrencies a safer haven than fiat currencies.

What do you think of Kiyosaki’s predictions and crypto advice? Let us know in the comments section below.

Kevin Helms

As an Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.

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