The author of the bestseller "Rich father, poor father" predicts an economic crash benefiting crypto-currencies

The success of the book "Rich Dad, Poor" (Rich father, poor father) is unprecedented. Still today, the world-renowned author, Robert Kiyosaki, finds himself at the center of media hype with his statement extravagant - or not - according to which the biggest economic crash will occur very soon. The US dollar could disappear leaving room for cryptocurrencies.

A warning against an economic crash

Kiyosaki's work advocates the importance of financial literature. "Rich Dad, Poor Dad" was a great success with 32 million copies sold.

The author of the bestseller shared his fears about the current state of the US economy and currency fi nance. The market is slowing down and impending repercussions of the future economic boom are already being felt.

"Unfortunately, we had a big crash in 2000, they called it the dotcom crash, and in 2008 it was the subprime crisis. The next will be the biggest of all, "said Kiyosaki.

He also referred to US dollars as a bubble that only swells by printing tickets. President Nixon reportedly took off the unsupported gold dollar in 1971 by turning it into fiduciary money, becoming "a counterfeit currency."

"In 1971, Nixon withdrew the dollar from the gold standard and the US dollar became a counterfeit currency. The problem was that it also became invisible, so that they could print as much as they wanted. That's why savers have been wiped out. "

The end of the dollar makes use of crypto-currencies

Kiyosaki is formal in his remarks: the US dollar will disappear at some point, and it could happen sooner than expected. The author called digital currencies "public money" last April during a podcast. He strongly believes that cryptocurrencies, gold and silver will replace existing fiduciary currencies, although the details of his reasoning have not been disclosed yet.

"The dollar is grilled and will be dethroned by gold, silver and electronic money because it is a scam, we will see the end! "

It may be that Kiyosaki is right. UBS recently said that if Bitcoin fulfills certain conditions, it should replace the dollar , and its price could reach $ 213,000.

Do you think the US dollar will disappear to make room for cryptocurrencies? Comment in the comments section below.

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