Opinion: Bitcoin to fall in price after a COVID-19 vaccine becomes available

Entrepreneur and author of the bestseller Rich Dad Poor Dad, Robert Kiyosaki, predicted a fall in Bitcoin, gold and silver after the development of an effective coronavirus vaccine. But he considers this moment the best to buy these assets.

According to Kiyosaki, each of them is the best long-term investment. The dollar does not have such potential due to rising US debt.

“The real problem is not the pandemic. The real problem is the enormous US debt. The country is bankrupt,” writes the entrepreneur.

What happens when vaccine is proven? Gold silver Bitcoin will CRASH. Buying opportunity. Real problem NOT Pandemic. Real problem massive US debt. US Bankrupt. $28 T balance sheet debt. $120 T off balance sheet social obligations. Gold silver Bitcoin best investments long term.

— therealkiyosaki (@theRealKiyosaki) September 15, 2020

According to US National Debt Clock, the U.S. national debt exceeds $26.8 trillion. Earlier the Congressional Budget Office projected that by the end of the fiscal year the debt would reach 98% of GDP.

Earlier in August, Kiyosaki spoke about the looming banking crisis caused by the actions of the Federal Reserve and the U.S. Treasury. In his view, it is time to invest in Bitcoin.

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