Robert Kiyosaki says cash crunch driving crash, stays bullish on Bitcoin, gold

R. Kiyosaki names catalyst to make Bitcoin more valuable after ongoing crash

Rich Dad Poor Dad author Robert Kiyosaki has said that amid the ongoing crypto market crash, the key catalyst that could make Bitcoin (BTC) more valuable is the likelihood of large-scale global money printing as governments confront deepening debt burdens. According to Kiyosaki, the world is approaching a stage where expanding the money supply becomes the primary tool for keeping financial systems functioning. He believes this environment would …

Robert Kiyosaki Holds Bitcoin Amid Market Cash Crunch

Robert Kiyosaki views the market crash as a cash crunch, holding Bitcoin and gold.

Kiyosaki Blames Global Cash Crunch For Market Crash, Stays Bullish On Bitcoin

Robert Kiyosaki, the bestselling author of *Rich Dad Poor Dad*, told his 2.8 million followers over the weekend that the ongoing market crash has “nothing to do with sentiment” and everything to do with a global shortage of cash. Calling it the bursting of “the everything bubbles,” he argued the selloff sweeping across stocks, crypto, commodities, and risk assets is rooted in a worldwide liquidity squeeze. According to Kiyosaki, markets aren’t c…

Kiyosaki on BTC's Crash: Why He’s Not Selling Now and When He’ll Buy More

The author of numerous bestsellers, such as Rich Dad, Poor Dad, is unfazed by bitcoin’s most recent crash that drove it south to a six-month low of $94,000. Instead, his approach will be more cautious, in which he remains on the sidelines for now, but plans to buy more soon. Not Selling With bitcoin’s growth over the past several years came the inevitable increase in the number of people who tend to comment on its moves, especially when it goes …