Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, encourages his readers to make investments in cryptocurrency. According to him, ether (ETH) is a good asset at the moment, on a level with bitcoin (BTC), gold, and silver in terms of potential.
On Twitter, the businessman and author of famous motivational books gave his advice. According to him, the financial markets are on the verge of collapsing altogether. It’s all due to US monetary policies and the debt owed by Evergrande.
Robert Kiyosaki is well known for his disdain for fiat money. This is because inflation is increasing. He also often extols the virtues of bitcoin and ethereum. He has previously said that ether is one of the most secure investments. Kiyosaki does not place a high value on the particular asset class in which he invests. In other words, it serves no useful purpose if your funds are in fiat.
Bitcoin is becoming more popular. It can be used to buy stuff, pay for services and send money to friends and family worldwide – without the need for bank accounts or credit cards. With this technology, digital currencies can replace fiat money, which is very important for people today that don’t have access to bank accounts or credit cards. This could be a good way towards global financial stability and global economic growth.