Skip to main content

Bitcoin proponent Robert Kiyosaki warns of inflation: 'You can't eat BTC'

 


Robert Kiyosaki, author of the best-selling Rich Dad Poor Dad series, recommends a promising new investment: canned tuna.


Robert Kiyosaki , is one of the proponents of a thesis that is gaining momentum on social media. The world could face serious food shortages in the near future. The bitcoin enthusiast tweeted on Monday, June 13, 2022:


“The best investment: canned tuna. Inflation will soon explode. The best investment is canned tuna and beans. You can't eat gold, silver or bitcoin . You can eat canned tuna and beans. The most important thing is food. Another problem is hunger. Invest in a solution. Take care of yourselves."



The writer recently reinforced statements made by the International Monetary Fund (IMF) in Davos, Switzerland. The institution said the world was facing its greatest economic challenges since World War II (1939-1945).


"Get your guns and food!"

Kiyosaki has already advised his followers to stock up on food. He also said: "Desperate leaders will do desperate things. Is world war imminent? God have mercy on us. Stock up on gold, silver, bitcoins, food, guns and ammunition.”


Robert Kiyosaki and Bitcoin

Robert Kiyosaki has always spoken publicly about Bitcoin since 2018 . In August 2018, the author referred to Bitcoin as “people’s money” and claimed that the US dollar is a scam or a farce.


“I think [Bitcoin] is a great idea. Today I'm going to talk about three kinds of money: One is God's money, which is gold and silver. They'll still be there when the cockroaches are gone. The second is government money, so the US dollar, the euro… fiat money. There is also people's money, which is a cybercurrency. The US Dollar is a scam. I think we're seeing the end of the US dollar right now. That's what I mean."

For Kiyosaki, gold, silver and bitcoin are the "path to financial heaven" and also part of the solution to the crash that the investor pointed out in the past:


“WOW: Words of Wisdom: “There are a million ways to financial heaven and a billion ways to financial hell. “The Fed and Treasury are destroying the dollar and sending billions of savers and the uninformed to financial hell. Go to financial heaven. Save Gold, Silver, & Bitcoin .”

Additionally, the crypto advocate believes that BTC and precious metals are better than stocks and bonds to protect against the upcoming hyperinflation. In a tweet from early 2022, Kiyosaki explained:


Q: What is the riskiest investment in the global meltdown? Stocks or Bonds? A: Bonds. Tragically, beginner investors follow the beginner's advice of a 60 (stocks) 40 (bonds) mix. Buy gold, silver and  bitcoin  as insurance against the idiots running the world. Remember, a college degree is not a cure for STUPIDNESS.


Disclaimer

All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general information purposes only. Any action that the reader takes based on the information found on our website is entirely at their own risk.

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Popular posts from this blog

The 5 largest platforms for non-fungible token (NFT) collectibles

  Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day.  More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream.  But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token.  Any asset that is tokenizable can be an NFT.  This includes, for example, (digital) works of art, trading cards, game items and crypto domains.  Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain.  This allows them to store value just like real objects, even if additional copies are easy to make.  For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

  Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...

Cardano: This is the vision that founder Charles Hoskinson has

  The Altcoin Cardano has tended to decline in recent weeks.  The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment.  Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency  Cardano  has had a difficult few months.  While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months.  Cardano is faced with some difficulties.  The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment.  The upgrade should make it possible to use smart contracts on the cryptocurrency as well.  It soon turned out, however, that although these were entered into Cardano,...