'Rich Dad Poor Dad' Author Says Only Bitcoin Can Survive in Upcoming Great Depression
Main Idea
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' claims Bitcoin is the only asset that can survive the upcoming Great Depression, criticizing traditional financial advisors and praising Bitcoin's inclusion in 401(k) retirement accounts.
Key Points
1. Robert Kiyosaki accuses financial planners of misleading clients about the safety of bonds, stating that the bond market is crashing and no one is buying bonds.
2. Kiyosaki advocates for investing in Bitcoin, gold, and silver as safer alternatives during economic downturns.
3. The US government has allowed Bitcoin to be included in 401(k) retirement accounts, a move Kiyosaki supports.
4. Bitcoin's price surged by nearly 3% in 24 hours, reaching $117,000 before slightly retracting to $116,860.
5. Bloomberg's ETF expert notes that most retirement account managers lack the expertise to handle Bitcoin investments.
Description
Prominent financial guru Kiyosaki predicts heavy real estate and stock markets crashes
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