Robert Kiyosaki author of Rich dad Poor dad: the dollar is dying, buy Bitcoin

Robert Kiyosaki, author of the popular book “Rich Dad, Poor Dad,” spoke about the death of the US dollar and how you should take free money from the government and buy bitcoins. The best-selling author also explained the cost of free money.

Get free government money and buy Bitcoin

Rich Dad author Poor Dad has chimed in on the impact of free money that the United States government is giving to American small business owners. From his Twitter account with more than 1.3 million followers, he wrote on Saturday: “Death of the dollar. People desperate for money. Very sad. If the government gives you free money, take it and spend it wisely. Do not save. Buy gold, silver, bitcoin. The dollar is dying.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. More than 32 million copies of the book have been sold in more than 51 languages ​​in more than 109 countries. It has been on the New York Times best seller list for over six years. The book teaches the importance of financial education, financial independence, and wealth creation through various methods, such as investing in real estate and owning your own business.

This is not the first time that Kiyosaki has advocated for Bitcoin. In August 2018, he proclaimed that “the US dollar is a scam,” adding that “the dollar is a toast because gold, silver, and electronic currency are going to take it out.” The best-selling author was also quoted as saying: “The US dollar is gone. In 2000 there was one currency, the US dollar. It was called the world’s reserve currency and then bitcoin or cybercurrency came.”

The cost of free money

The Kiyosaki tweet that advocated for Bitcoin on Saturday was one of a series responding to the United States government’s Check Protection Program (PPP), which promises $ 350 billion to small businesses affected by the coronavirus pandemic. “Small business owners offered payroll to employees for free,” he tweeted Thursday, a day before the program is expected to kick off. “Example. If the company’s payroll for 8 weeks totals $ 1 million, banks will make a loan of $ 1 million. You don’t have to pay. Entrepreneurs win again. Socialism for the wealthy.”

While emphasizing that most people want free money, including himself, Kiyosaki asked, “What is the price of free money?” Taking on the role of a financial education teacher once again, Kiyosaki asked his Twitter followers how free money could destroy the US dollar. He explained that, by definition, “money is an idea backed by the trust that the work actually done represents and is interchangeable.” Rich Dad author Poor Dad concluded: “Paying people not to work destroys the trust of the $ by the government and the exchange of $. Trust the money of the gods of gold and silver and the money of cryptocurrencies. ”

This is similar to the possibility that a government of a country of the so-called third world may have, if they issue money without backing, that government is classified as “populist”, if the United States does, it is very good, therefore there is no justice in words and action. Fortunately, blockchain-bitcoin technology was invented to protect investor wealth. New announcements awaited.

Reference: news.bitcoin.com

Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.

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