Robert Kiyosaki Foresees the Dollar Imploding and Blames Biden for Inflation

Robert Kiyosaki Foresees the Dollar Imploding and Blames Biden for Inflation

 

Robert Kiyosaki warns that the US dollar is about to implode and advises buying Bitcoin, Ethereum, and Solana. He is the famous author of the best-selling book, Rich Dad, Poor Dad. Robert Kiyosaki has warned that the U.S. dollar is imploding and has suggested making investments in cryptocurrencies such as bitcoin, ethereum, and solana.

Robert Kiyosaki Predicts Dollar Collapse and Blames Biden for Inflation

The author of Rich Dad, Poor Dad, Robert Kiyosaki, is back with more warnings about the imminent collapse of the U.S. dollar. He has also suggested investors buy some cryptocurrencies, naming three in particular: bitcoin, ether, and solana.

Rich Dad, Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki tweeted Monday, warning that the world is in trouble.

The national debt is about to go through the roof," he wrote, emphasizing that the dollar is "about to implode."

The famous author insisted that President Joe Biden is causing inflation. He then suggested that investors buy more gold, silver, bitcoin, ethereum, and solana before the third world war breaks out.

Kiyosaki has repeatedly warned about the end of the U.S. dollar. He also recently said that we are in the biggest bubble in world history.

Kiyosaki recommends Bitcoin, Ethereum, and Solana.

While Kiyosaki has recommended bitcoin (BTC) many times in the past and ethereum (ETH) occasionally, he has never recommended solana (SOL) until now. In November 2021, he said he was buying more bitcoin and ethereum as inflation escalated.

Many people have questioned why he is advising investors to buy Solana. SOL supporters see the Rich Dad, Poor Dad author’s recommendation as very bullish for the current price of the cryptocurrency. Many others disagree with Solana as a good investment. People have also suspected that Kiyosaki is being paid to promote Solana, stressing that the famous author "likes hard money."

Another celebrity investor who has been into solana lately is Kevin O’Leary. The Shark Tank star, aka Mr. Wonderful, has been on Kiyosaki’s Rich Dad show, and Kiyosaki has previously endorsed that O’Leary "knows what he is talking about." This has further complicated the issue of solana promotion.

O’Leary had earlier endorsed that Solana and Polygon would be two of the most successful projects. It may be recalled that O’Leary is a paid spokesperson for crypto exchange FTX. It is also suspected that he may have been influenced by FTX CEO Sam Bankman-Fried, who said solana could be the next bitcoin. Bankman-Fried and his team have been working on projects built on Solana.

Who’s working on Solana? Sam Bankman Fried and his team have been working on it. Why wouldn’t you bet on that horse? O’Leary had said.

Despite his crypto recommendations, Kiyosaki warned earlier this month that the government would seize all cryptocurrencies after they launch a "Fed crypto." He also added that the Russia-Ukraine war has spiked the demand and given rise to crypto as a safer currency than fiat money.