U.As we speak – Robert Kiyosaki, the well-known creator of the monetary administration ebook “Wealthy Dad Poor Dad”, investor and entrepreneur, introduced on his account on the X app (previously Twitter) a brand new He expressed his help primarily based on indicators of world developments. .

He says Bitcoin, together with a number of different belongings, is presently the most suitable choice to guard towards the looming collapse of the US greenback.

Purchase Bitcoin to guard your self from this, says Kiyosaki.

BRICS is made up of a number of member states beginning with the early members Brazil (B), Russia (R), India (I), China (C), and South Africa (S). In January 2024, this record expanded to incorporate the UAE, Egypt, Iran, and Ethiopia.

Robert Kiyosaki tweeted that if the BRICS gold-backed cryptocurrency is definitely launched, enormous quantities of US {dollars} will begin flowing again to the US. The creator of “Wealthy Dad, Poor Dad” calls the US greenback “faux cash” in an X message. He believes that this enormous inflow of US {dollars} will trigger hyperinflation in America and ultimately destroy the US greenback fully.

Monetary consultants imagine the one strategy to shield towards the anticipated collapse of the US greenback is to start out shopping for Bitcoin, gold, and silver.

Bitcoin is Kiyosaki’s software to fight “faux cash”

On the time, the U.S. authorities started stimulating the financial system by distributing so-called “survival checks” and buying massive banks and companies. These aims have been achieved by printing extra US {dollars} and injecting them into circulation. In 2020 alone, greater than $6 trillion value of greenback payments have been printed. Since then, Kiyosaki has continued to criticize the US greenback as “faux cash.”

Since then, governments have regularly applied this quantitative easing coverage, printing billions of {dollars}. The EU and different nations have adopted go well with.

This text was initially revealed on U.As we speak