The author of the financial bestseller, “Rich dad, poor dad” Robert Kiyosaki (Robert Kiyosaki) said its concern about the fate of the us dollar, and expressed the opinion that cryptocurrency eventually replace it.
The best-selling book about financial literacy, “Rich dad, poor dad” was released in 1997. To date, we have sold more than 32 million copies of the book. The author is an American entrepreneur Robert Kiyosaki is mainly engaged in the educational business. He recently shared his opinion on the current state and fate of the us dollar, mentioning the digital currency.
Kiyosaki believes that the dollar is “counterfeit currency”, because it is not backed by gold since President Nixon in 1971 abolished the gold standard.
“I’ve always been a “gold bug” (approx. — supports preservation of monetary functions of gold). I’m going to release a book called Fake. There’s a lot said about the counterfeit money. In 1971, Nixon abolished the binding of the dollar to the gold standard, and for this reason the us dollar has become a sham,” commented Kiyosaki.
According to the businessman, the constant money printing which is conducted by the Federal reserve system of the United States, blows a big bubble, which in the future will cause another economic crisis.
“Unfortunately, we have case major crises: the collapse of the dot-com in 2000 and the mortgage crisis in 2008. The following will be much more of both of them,” added Kiyosaki.
With regard to cryptocurrencies, the entrepreneur has a positive Outlook on her future. Calling the digital currency “the people’s money”, Kiyosaki I am sure that she, along with gold and silver, eventually will replace the current Vietnam money.
The author of the bestselling not the only one who thinks so. In June the head of payment technology companies Circle shared opinion that in the future, cryptocurrency will replace all Fiat money.
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