Kiyosaki Buys Bitcoin Amid Dollar Crisis Fears

Robert Kiyosaki, author of Rich Dad Poor Dad, has revealed he bought one Bitcoin at $67,000 despite the recent downturn in cryptocurrency prices. According to Kiyosaki, his decision was driven by two main concerns: the potential for a debt-driven dollar crisis and the expansion of money printing by the Federal Reserve.

Kiyosaki warned that a debt-driven dollar crisis could trigger massive money printing by the Fed, which would lead to the devaluation of the US dollar. He believes this will happen when the US debt crashes the dollar and the 'Marxist Fed' begins printing trillions in fake dollars.

Kiyosaki also pointed out that Bitcoin's fixed supply cap is a key factor in his decision. With only 21 million Bitcoins available, he notes that once the 21st millionth Bitcoin is mined, Bitcoin will become better than gold.