- Robert Kiyosaki said that a massive fiat meltdown is imminent.
- The anticipated economic crisis might result in a decline in the value of the US dollar.
- Bitcoin would surge to $500,000 by 2025 according to Robert Kiyosaki.
The well-known proponent of financial education, Robert Kiyosaki, recently announced on Twitter that a massive market meltdown is imminent for the US dollar. Robert thinks that a market depression is also conceivable.
The entrepreneur grounds his claim that the Fed is being obliged to produce enormous amounts of fake money because of the market concerns that have been observed. The belief in the US dollar and its counterfeit money will then be destroyed. The US dollar may be the largest loser as a result of these and many other uncertainties facing the global economy.
People with knowledge of the situation say that the anticipated economic crisis might result in a decline in the value of the US dollar, which would subsequently have an impact on the prices of Bitcoin and other cryptocurrencies.
The value of the enormous assets that could be subject to severe volatility in the next two years is another area in which Robert makes a forecast. He predicted that gold, presently worth $1,875, would rise to $5,000 and silver, currently about $21.970, would soar to $500.
On the other hand, Bitcoin, the largest cryptocurrency would surge to $500,000 according to Robert Kiyosaki. It is crucial to note that Bitcoin is exchanging hands at $21,830 at press time according to the cryptocurrency prices tracking platform, Trading View. According to Kiyosaki, this would also be a result of the loss of faith in the US dollar and the fake money.
Robert adds;
Gold & Silver Gods money. Bitcoin people’s $. Take care.
In related news, a new study from Cryptonewsland suggests that Bitcoin, the cryptocurrency with the largest market value, may already be in the transition stage.
