Amidst the banking disaster and the plans of the U.S. to launch its personal Central Financial institution Digital Forex (CBDC), Robert Kiyosaki, the writer of “Wealthy Dad Poor Dad” took to X (previously Twitter) to criticize the idea of CBDCs.
On the twenty fifth of February, Kiyosaki stated,
“Please watch out. Banking disaster worsens. Menace of warfare grows. Central banks will push for CBDC, Central Financial institution Digital Forex, to SPY on us.”
As a response to this simmering situation, he proposed,
“I’m shopping for extra Bitcoin and silver cash. Silver greatest discount. I’ll use silver as cash, not US pretend {dollars}.”
Kiyosaki’s technique for a Bitcoin market crash
On the twenty fourth of February, when questioned about his technique for navigating a Bitcoin [BTC] market crash, Robert responded,
“I might be joyful and I might purchase extra, as soon as the crashing stops.”
He added,
“All market crashes are, are property occurring, and “sale” is my favourite four-letter phrase.”
Donald Trump shares related views
In January 2024, Donald Trump additionally vehemently rejected the proposal for the CBDCs, expressing apprehensions relating to its implications for private freedoms.
He famous,
“As your president, I’ll by no means enable the creation of a Central Financial institution Digital Forex.”
All this time, Robert has been in favor of Bitcoin, however his criticism is normally directed towards the Federal Reserve, as evidenced by his tweet, which stated,
“Don’t Combat the Fed? I say ‘* the Fed.’ Purchase gold, silver, Bitcoin.”
Kiyosaki’s bullish outlook on Bitcoin’s future
It’s no secret that Kiyosaki has been very optimistic about Bitcoin’s future value trajectory, and his perception in its long-term funding potential has remained sturdy all through the years.
Earlier in February, Kiyosaki predicted Bitcoin would hit $100,000 by June 2024, drawing correlations with nationwide debt and U.S. bond demand.
Moreover, final month, he disclosed that he owned 66 Bitcoin. He anticipated their worth to soar exponentially, holding in thoughts the SEC-approved ETFs.