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‘Rich Dad Poor Dad’ Author Says ‘No Soft Landing’ for Economy, Crypto Army Reacts

While things are not looking too good, there still may be hope, he hinted.

The cryptocurrency community rushed to respond to Kiyosaki’s tweet.

This means that the U.S. economy might just be continuing to grow, he said, although below its true potential. Kiyosaki reminded his readers on X/Twitter that in the last quarter of last year, the economy grew by 3.4%. In the first quarter of this year, it has grown by less than half of that – 1.6%.

There is not going to be a soft landing for the U.S. economy, Kiyosaki believes, but he seems to remain optimistic since the economy continues to grow no matter what. He also urged his readers not to believe fake news.

Besides, according to his earlier tweets, the financial expert has made and continues to make a huge financial bet on the world’s leading cryptocurrency Bitcoin.

Some began to criticize the author, and others reminded him about one of his favorite assets – Bitcoin. The majority left positive comments, praising Bitcoin and thanking Kiyosaki for his tweets that they find useful and inspiring.

The “Rich Dad Poor Dad” author also said that he planned to buy 10 more Bitcoins before the halving occurs since he expected a major price rise.

This article was originally published on U.Today


Source: Cryptocurrency - investing.com

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