Businessman Robert Kiyosaki isn’t the only high-profile figure to advocate turning to Bitcoin during the current financial crisis, but he is one of the few making it sound like a life and death decision.
On May 19, the best selling author of the book “Rich Dad, Poor Dad” took to Twitter in a mostly all-caps message denouncing the Federal Reserve’s actions during the pandemic and his belief that assets like gold, silver, and Bitcoin would be investors’ saviors during this crisis.
NEW YORK CITY GOING BROKE. All cities count on INCOME TAX, SALES TAX & REAL ESTATE TAXES, especially COMMERCIAL RE. Add pension contributions for teachers firefighters & police. USA GOING BROZkE. FED PRINTING FAKE $ cannot SAVE YOU. Get gold silver Bitcoin and SAVE YOUR SELF.
— therealkiyosaki (@theRealKiyosaki) May 19, 2020
Kiyosaki’s previous tweet — written just five hours earlier — was far more ominous in its warnings, throwing shade at Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and a well-known figure in the United States’ coronavirus response. He expressed his concerns about a “new pandemic” and “more fear” later in 2020.
Coinpectra reported on May 17 that the author had used Twitter to predict a Bitcoin price of $75,000 with a somewhat more subdued message: his fear of a dying economy, and belief the Fed has incompetently handled the financial crisis.