Bitcoin (available on Coinbase) has recruited another influential bull in the form of Robert Kiyosaki—author of the famous financial self-help book Rich Dad, Poor Dad. Kiyosaki has declared Bitcoin (available on Coinbase) and cryptocurrencies in general, as the “currencies of the people;” even going one abrasive step further by referring to the US dollar as a scam.
According to the famous author, cryptos will outlive fiat currency, of which “the dollar is toast.”
Currencies of the People
Kiyosaki’s sTron (available on Binance)g opinion was aired on a Sane Crypto Podcast hosted by Kim Hughes. He also took the time not only bash the dollar but to predict an entire stock market crash in its demise.
According to Kiyosaki:
“The US Dollar is a scam…I think the dollar is toast because gold and silver and cybercurrency are going to take it out…The US Dollar is gone…In the year 2000 there was one currency, the US Dollar. It was called the reserve currency of the world…and then came Bitcoin (available on Coinbase) or cybercurrency.”
Fake: Fake Money, Fake Teachers, Fake Assets
The author’s new book, Fake: Fake Money, Fake Teachers, Fake Assets, describes three types of money today: gold and silver, which he names as God’s money; fiat currency, which he calls the Government’s money; and then “cybercurrency on the blockchain technology,” which he dubs “the people’s money.”