Robert Kiyosaki Is Buying Crypto Because He's Losing Faith in US Officials

IconCryptoNewsTerminal Staff06 Jun, 2024

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Robert Kiyosaki Is Buying Crypto Because He's Losing Faith in US Officials

Robert Kiyosaki, the best-selling finance author, recently announced that he's buying more Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). His reason? He's losing faith in the US government. In a recent interview, Kiyosaki said, "I'm buying more BTC, ETH, and SOL now because I don't trust the US government. I don't trust President Joe Biden, Treasury Secretary Janet Yellen, or Federal Reserve Chair Jerome Powell." Kiyosaki has been a vocal critic of the US government's handling of the economy for years. He believes that the government is printing too much money and that this will eventually lead to hyperinflation. He also believes that the government is not doing enough to address the growing wealth gap. Kiyosaki's decision to buy more crypto is a sign that he's losing faith in the traditional financial system. He believes that cryptocurrencies are a better way to store value and that they have the potential to appreciate in value over time. It's important to note that Kiyosaki's views are not necessarily shared by everyone. Some experts believe that cryptocurrencies are too volatile and that they're not a good investment. However, Kiyosaki's decision to buy more crypto is a sign that he's taking his concerns about the US government seriously.