Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad,” said this week that time is running out because a “big banking crisis is coming quickly”.
Robert Kiyosaki offers lectures to people interested in learning about real estate, investments, cash flow and how to start a business. Over the past few years, Kiyosaki has defended bitcoin and has predicted an economic collapse for years.
In 2018, during an interview with the Sane Crypto Podcast, Kiyosaki called bitcoin “people's money” and said he hopes digital currencies will outlast fiduciary ones.
Why is Warren Buffett selling bank shares?
On August 21, the best-selling author tweeted about Warren Buffett's recent decisions to invest in gold.
"Why is Buffett out of the banks?" questioned the author. “Bankrupt banks. Big banking crisis coming quickly. Will the Fed and the Treasury take control of the banking system? Does Fed and Treasury “fake helicopter money” direct people to avoid mass rioting? ”
This is not the time to ‘think about it’. How much gold, silver (e) Bitcoin do you have?
Several of Kiyosaki's 1.4 million followers questioned his statements about bitcoin and some other recommended investments.
One individual responded to Kiyosaki's tweet and said it was "highly irresponsible to have no bitcoin".
"Some say they can't pay a whole Bitcoin, just like gold, (but) you can buy a portion of it," said Twitter account Stack Satoshi, in response to Kiyosaki's statement.
“(One) bitcoin has 100 million units called Satoshis. Start buying Satoshis and soon you will have an entire Bitcoin and many more ”, he added.
Kiyosaki's tweet received a series of responses from his followers and most people didn't seem to like your recommendations.
The author of "Rich Dad, Poor Dad" made similar statements in April, when the United States government started distributing emergency aid. At the time, Kiyosaki said that the “death of the dollar” was imminent.
"Death of the dollar," Kiyosaki told his Twitter followers at the time. “People desperate for money. Very sad. If (the) government gives you free money, accept it, but spend it wisely. Do not save. Buy gold, silver, bitcoin. The dollar is dying. ”
But what is your opinion on Kiyosaki's comments? Are the banks on the verge of a crisis and is that why Buffett is buying shares in a gold miner? Leave your comment below!