‘Rich Dad Poor Dad’ Author Reveals What He Did With His Bitcoin Position After SEC Approval

‘Rich Dad Poor Dad’ Author Reveals What He Did With His Bitcoin Position After SEC Approval

Bitcoin soars 8% this Wednesday and reaches a new all-time high so far this year. For their part, altcoins rise up to 21%.

Robert Kiyosakibest-selling author ‘Rich father poor father’got on the wave Bitcoin when reporting that added more of the leading cryptocurrency to its investment portfolio. This happened within the framework of the recent approval of Bitcoin ETFs on the part of the Securities and Exchange Commission of the USA (SEC).

Bitcoin shoots 8% this Wednesday and reaches a new all-time high so far this year. For their part, the altcoins rise up to 21%. All this takes place after milestone for the crypto market what meant the SEC approval.

Through your official account X (ex Twitter), this Thursday the financial guru assured that he bought “5 more Bitcoin.” He did it within the framework of a text in which he shared with his followers a negative prediction for the US economy.

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Robert Kiyosaki: his analysis of the economics of USA

In the shared post, the best-selling author said that USA should be prepared for a scenario of hyperinflation. In that sense, Kiyosaki pointed to the White Housethe Federal Reserve and to Treasureand wondered what would happen if, instead of deflationa scenario of hyperinflation and fall of the dollar due to government errors.

In his message, the guru made no mention of the approval of the first Bitcoin spot ETFs by US regulators. However, he had already talked about this in a previous message earlier this week in which he predicted that Bitcoin would rebound to a value of around US$100,000. At that time he had advanced his plans to acquire more gold, silver and Bitcoin.

Kiyosaki recommends Bitcoin since the outbreak of the pandemic COVID-19 in 2020. In that sense, he had already criticized the US government, pointing out the errors and consequences around the uncontrolled issuance of dollars.

Source: Ambito

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