Robert Kiyosaki is the author of Personal Finance Book and’Poor Dad Rich Dad. He recently announced on Twitter a bold move in investing: he’s betting on Bitcoin ( Bitcoin).

Kiyosaki said that the cryptocurrency with the largest market capitalization was ‘up more than 100% per year’, and that he believes that this trend will persist. Bitcoin’s current price is $29,889 which is down 28.09% in the past year. However, the value has risen by 80% from the start of 2023.

Kiyosaki made the decision to invest Bitcoin because he distrusts the Fed, Treasury and Biden administration. He views them as liars whose policies may lead to future economic instability. He believes that Bitcoin, Gold and Silver are a good way to safeguard wealth and protect oneself from inflation.

Bitcoin is up more than 100% in one year. Will Bitcoin continue to go UP? I am betting on it. I’m buying more gold and Silver. Why Buy More Gold, Silver or BC? Because Fed, Treasury and Biden lie’, Kiyosaki Tweeted on the 17th of April.

The comments made by the author about Bitcoin generated a lot buzz in financial circles. Some experts think that Bitcoin is an excellent investment. Others warn that it’s a volatile asset with significant risks.

Kiyosaki’s wars of an “economic tsunami

Kiyosaki warned in April that an economic tsunami was likely to hit the United States, and other countries around the globe. He said the inflation rate is soaring and would have fatal consequences.

The “Rich Dad” author stated:

It’s the biggest in the entire world. It’s not going to get any bigger. Credit Suisse Deutsche Bank and Bank of Japan are the only ones that come close. China is also having problems.

Kiyosaki has a mistrust for government institutions, which is evident in his investments, such as his choice to invest in Bitcoin and gold. expressed concerns about President Joe Biden’s executive order, “Ensuring Responsible Development of Digital Assets” last year. He compared it to George Orwell’s dystopian future vision in ‘1984.