‘Rich Dad, Poor Dad’ Author Is Bullish on Bitcoin, Says USD Is a Scam
From CCN
Robert Kiyosaki, the author of the famous financial self-help book Rich Dad, Poor Dad, has described the US dollar as a scam, declaring that bitcoin and other cryptocurrencies are “currencies of the people” that will outlive fiat currency.Read more: https://www.ccn.com/rich-dad-poor-dad-author-is-bullish-on-bitcoin-says-usd-is-a-scam/‘The Dollar is Toast’
Speaking with Kim Hughes on the Sane Crypto Podcast in which he excoriated the dollar, Kiyosaki also predicted an imminent stock market crash.In his words:
“The US Dollar is a scam…I think the dollar is toast because gold and silver and cybercurrency are going to take it out…The US Dollar is gone…In the year 2000 there was one currency, the US Dollar. It was called the reserve currency of the world…and then came bitcoin or cybercurrency.”
Discussing his new book, Fake: Fake Money, Fake Teachers, Fake Assets, Kiyosaki revealed that he wrote about how gold, bitcoin, and other cryptocurrencies are a better hedge against an impending collapse of the financial market.
He said:
“In my new book… I talk about the three types of money today: God’s money, which is gold and silver, government’s money which is fiat currency, which is done by government decree which is the dollar… Then there’s the people’s money, which is cybercurrency on the blockchain technology. Gold is a hedge and I am expecting a collapse on the system…[and] which is why you are into cybercurrencies now… bitcoin and ethereum.”
This follows up on Kim Dotcom's similar statements but I would have to say this is a far more credible source with less of a grudge to harbour against the US dollar. If you believe what these guys are saying then now is a great time to buy some more bitcoin.
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This inflationary crap usd has been a scam since this whole scheme was derived on Jekyll island. Enough robbing the people with this paper backed by nothing!!!!
If the USD was a scam then why was he so intent upon collecting it? I agree that Bitcoin has many superior features but USD is not a scam.
I lead you to Mike Malony and his youtube series. The hidden secrets of money. It is a scam for the banking cartels. Just like the remainder of fiat in the world. Thank redshield.
I agree that the Federal Reserve and most central banks have hijacked the money supply and along with banks, they are usually not publically controlled. Just because something is unfair doesn't mean it's a scam. As Bitcoin and other cryptos spread, this offers an alternative. Mike Malony is a smart man who wants to sell you some bulleon
Did you ever watch an 80s documentary about how the dollar is created? If the dollar is created when swapped for a bond where is the dollar to pay the interest for the bond.
I think you should just ask @maneco64 to teach you about finance. Who has all of the gold? Who is controlling silver containing more physical holdings than all other players? (Sounds like outdated NATO and US military spending) I bet Maneco just wants to sell you some #bullion. #silvershield
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Yea I couldnt agree more with the whole scam thing. ALL Fiat currencies unless backed by gold or silver or something of real value is a scam. Anything printed out of thin air in mass with no tangible value behind it is a scam. A simple means of control designed to make people go out and work with the illusion that they arent slave labor so they get paid.
Kiyosaki is a smart man.
Interesting, in 2005ish he wrote a book calling the crash of 2008-2009.
Grear articls
Kiyosaki is one man I truly admire!
The best way is to invest in precious metal and crypto!
I listen to him a lot. Getting the #cashflowgame for my eldest child for his bday. I pray for more frugal people in my life.
Hopefully this scam will be eliminated soon. Still gold and silver are way more logical.
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