[ccpw id="39382"]

HomeCrypto NewsMarketRich Dad, Poor Dad Author: Buy Bitcoin in These War Times

Rich Dad, Poor Dad Author: Buy Bitcoin in These War Times

Date:

Renowned author Robert Kiyosaki advocates Bitcoin amid global turmoil, emphasizing self-reliance.

Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has recently expressed his continuous investment in Bitcoin alongside other prominent store of value assets such as gold and silver.

In a recent tweet, Kiyosaki proclaimed his zeal to wager more on Bitcoin as a reliable store of wealth. Kiyosaki’s decision to keep buying the assets stems from his belief that current global leaders are fostering more warfare and deprivation. 

- Advertisement -

In the words of the renowned financial author:

“I keep buying more Gold, Silver, and Bitcoin because our leaders want more war and poverty.” 

Meanwhile, having made his investment decision known, the financial expert counseled his audience about employing a similar safeguard against the potential consequences of political decisions.

- Advertisement -

In particular, he emphasized the importance of investing in Bitcoin, silver, and gold amid the global turmoil. Also, he noted the significance of hard work and wise spending. According to Kiyosaki, executing the highlighted actions is a means of self-reliance and care against harmful political decisions.

Besides, he stressed that individuals should prioritize their well-being and that of their loved ones, given his view that leaders are indifferent to public welfare. 

“Our leaders don’t care about you. So you please take care of you and the people you love,” Kiyosaki remarked.

Global Warfare Causing Bitcoin to Reach $1M

Significantly, the financial guru’s advice coincides with Bitcoin reaching a seventeen-month peak, surpassing $37,000. However, Kiyosaki is not the only expert who sees Bitcoin as a worthwhile investment amid the ongoing conflict in the Middle East.

Recently, Arthur Hayes, a co-founder of BitMEX, argued Bitcoin is posed to become a $1 million asset with the Hamas-Israel war.

Hayes’ view is that the United States military budgetary expenditures would intensify with the Hamas-Israel war, leading to increased state borrowing. Therefore, he argued U.S. bonds may lose their status as a haven in the eyes of investors.

He believes the anticipated shift towards alternative investments such as Bitcoin would cause BTC to soar to $1 million.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

-Advertisement-

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a blockchain writer with a specific interest in journalistic writing. He covers breaking events in the crypto community and blockchain industry. Over the past year, he has published over 1,500 short-form and long-form content for Web3 publishing firms.

More from Author

Latest Stories

Guides