Bitcoin, the leading cryptocurrency with a total market cap of almost $393 billion, is once again included in conversations involving assets that could help protect wealth when economic apocalypse happens.
This is after Robert Kiyosaki, the American businessman who authored the finance-focused “Rich Dad, Poor Dad” book, shared his sentiments about the U.S. Federal Reserve’s go-to move to deal with high inflation levels – the implementation of interest hikes.
Kiyosaki minced no words, implying that the agency’s plan is a recipe for disaster as it will serve as “catalyst” for economic crash of gigantic proportions.
The famous entrepreneur claimed stocks, real estate and bonds will take the full brunt of the looming turmoil that even economic superpowers like the U.S., China and Russia won’t be able to parry.
Meanwhile, the famed author said precious metals and Bitcoin, which trades at…
