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Robert Kiyosaki: The Issue Lies with the US Economy, Not Bitcoin

Robert Kiyosaki: The Issue Lies with the US Economy, Not Bitcoin

Billionaire Robert Kiyosaki believes that “the root of America’s problems is not Bitcoin, but the financial system and criminal bankers.”

He criticized the country’s economic policy, the rising national debt, and inflation. According to Kiyosaki, when countries stop purchasing US government bonds, the dollar will lose its value.

“America is bankrupt. Our debt, including social programs like Medicare and Social Security, along with our $36 trillion debt, amounts to over $230 trillion.

Bitcoin is honest money. Fake money is theft,” he stated.

The entrepreneur described the drop in the first cryptocurrency’s rate as an opportunity for a profitable purchase. He added that he will continue to exchange fiat for gold, silver, and Bitcoin whenever their prices fall.

In the early hours of February 27, the price of Bitcoin fell below $83,000, but later recovered to $86,000. The sharp decline was triggered by Donald Trump’s announcement of a 25% tariff on imports from the EU.

Amid the ongoing downturn in the crypto market, the fear and greed index plummeted to 10 points. The last time such low levels were recorded was in June 2022.

Earlier, Kiyosaki reported the onset of the “biggest stock market crash in history,” which he predicted in his book “Rich Dad, Poor Dad” in 2013.

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