Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad and entrepreneur, has suggested that people should invest in defensive positions such as gold, silver, and Bitcoin as a precaution in case of a possible collapse of the global banking system.
This opinion was backed up by his observations of the US Treasury bills, which he pointed out had a 100 basis point increase in yields.
In September 2022, Kiyosaki recommended investing in digital assets in preparation for the economic crisis, and in the spring of 2023, he referred to bitcoin as “people’s money” and predicted that its price would rise to $100,000.
