Despite the United States holding the largest share in the global economy with a GDP of approximately $29 trillion, renowned author and consultant Robert Kiyosaki believes that the country is in decline. In a recent post, Kiyosaki elaborated on the factors contributing to this situation and expressed his concerns regarding the current state of the nation. He also suggests that tangible assets like Bitcoin $103,210 could play a crucial role in addressing the U.S.’s problems.
Kiyosaki’s Views on America’s Future
Kiyosaki has consistently spoken about achieving financial freedom and maintaining it regardless of economic conditions, reaching millions through his books. Many of his works, including “Rich Dad Poor Dad,” have been translated into numerous languages worldwide. He believes that the U.S. government, banks, and other traditional institutions are hindering the country’s progress. Kiyosaki criticizes current leaders, pointing out that President Biden and Vice President Kamala Harris are major contributors to the nation’s issues.
“Lying, cheating, and stealing… it is a sin against the human spirit.”
— Robert Kiyosaki
Kiyosaki also argues that policies advocated by Biden and Harris, such as reducing police budgets and downgrading the criminality of theft under a hundred dollars, place America in jeopardy.
Can Bitcoin Save the People?
Michael Saylor, CEO of MicroStrategy, predicts that Bitcoin will account for 7% of global capital by 2045, with its price reaching hundreds of thousands of dollars. Currently, Bitcoin’s price hovers around $62,000, struggling to hit its record high of $73,000.
Kiyosaki characterizes Bitcoin as a long-term store of value, noting the rapid depreciation of paper money and the risks associated with bank-controlled investments. Its continuous rise makes Bitcoin appealing to thousands of investors.
Moreover, Kiyosaki warns about the increasing debt of the U.S., highlighting the trillions owed and the threat it poses to people’s savings. He advocates investing in scarce assets like gold, silver, and Bitcoin to mitigate risks of financial crises.
According to Kiyosaki, the current state of America raises serious concerns about the robustness of its infrastructure and financial systems. However, digital assets like Bitcoin may provide a safeguard against economic uncertainties and help individuals secure their financial future.