The successful author of Rich Dad Poor Dad and entrepreneur Robert Kiyosaki has recommended buying Bitcoin, gold and silver and has criticized the US government.
He has said:
"SOFT LANDiNG? HARD LANDING? Or CRASH LANDING? I say crash landing. I hope I am wrong yet that is what I believe. Corruption is high & leaders corrupt. Buy gokd, silver, Bitcoin. Still best insurance against corruption & incompetence."
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
This is not the first time Kiyosaki has urged his followers to choose alternative investment options. In September last year, he predicted the "biggest crash in world history," and in October he recommended buying BTC and other digital assets in the context of a Fed rate hike.
In February, the entrepreneur predicted Bitcoin would rise to $500K by 2025 and called it the best insurance in volatile times, but warned about the asset's volatility.
Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange
In May, Kiyosaki recommended buying Bitcoin and precious metals ahead of the "hard landing" amid problems with US banks.