There is no point about these debates, he suggests, hinting that it is wise to hold both assets. Sharing his take of a skilled investor with multi-year experience, he stated that “the only fact that counts” here is how many Bitcoins and how many gold coins an investor has.
In his multiple and frequently published tweets, Kiyosaki has been advocating betting on Bitcoin, gold and silver since 2020, when the pandemic struck the world and the U.S. government resumed quantitative easing measures and began to print U.S. dollars to support U.S. households, banks, businesses and the economy in general.
Now, as the printing continues due to the uneasy geopolitical situation in Eastern Europe and in the Middle East, Kiyosaki tweeted earlier this month that the national debt of America is currently expanding by a whopping $1 trillion every 100 days due to a vast government overspending. And the monthly interest payouts on this debt have already also reached $1 trillion.
“A bond is debt, and the whole world is floating on it.” Kiyosaki added that “this collapse signals deeper economic troubles.”
The market crashes are visible, he said, reminding the audience that “banking crashes are hidden and much more dangerous.” This is one of the reasons why he is betting on physical assets — gold, silver and Bitcoin.
He advised the community to stop saving fiat “fake” money and begin saving up “real” money — Bitcoin, silver and gold.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
