To cope with the great recession caused by the
coronavirus crisis, the US government is implementing an expansionary
policy through the injection of $ 10 trillion into the economy. Robert
Kiyosaki, for his part, believes that adopting Bitcoin is a better
The best of assets
Known for writing "Rich Dad Poor Dad", the world's best-selling personal finance book, Kiyosaki said in his tweet that the coronavirus pandemic will boost the value of bitcoin.
Although the flagship cryptocurrency went through difficult times when its value was close to $ 3,700 in mid-March, its unexpected recoveries mean that the asset has all the potential to become the best investment today.
to the businessman, it is undeniable that gold has always been the
reserve asset par excellence, but with the emergence of Bitcoin, this
privileged place of gold assets will soon be granted to this new major
competitor. Indeed, the rarity of the precious metal is not absolute
compared to that of Bitcoin which is well measurable.
If the production of gold is fixed by human time, that of Bitcoin is capped at 21 million. In addition, bitcoin mining is not done by voluntary manipulation and depending on the circumstances, so investors can trust this type of asset.
Defeat the current system
To dodge the current health crisis, governments and central banks indulge in a classic solution by establishing neo-feudalism. Kiyosaki, for his part, denounces this situation and awakens the collective conscience by proposing bitcoin.
The pattern that central banks
would like to replicate endlessly is the establishment of a schism among
economic players, so that only a minority owns the stocks and manages
the financial market with an iron fist. The mass of the people will then
be kept away and will not have a say.
However, bitcoin moves independently of the precepts of state authorities, it presents itself as the best way to withdraw from this system.
"The reason I approve Bitcoin is just for a delicate reason: you are not part of the system," he concluded.