{"id":22750,"date":"2023-05-19T23:01:29","date_gmt":"2023-05-19T23:01:29","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/05\/19\/rich-dad-poor-dad-author-calls-bitcoin-insurance-against-corruption\/"},"modified":"2023-05-19T23:01:29","modified_gmt":"2023-05-19T23:01:29","slug":"rich-dad-poor-dad-author-calls-bitcoin-insurance-against-corruption","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/05\/19\/rich-dad-poor-dad-author-calls-bitcoin-insurance-against-corruption\/","title":{"rendered":"Rich Dad Poor Dad Author Calls Bitcoin Insurance Against Corruption"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Renowned for his best-selling ebook \u2018Rich Dad Poor Dad,\u2019 Robert Kiyosaki has established himself as a outstanding advocate of other investments corresponding to <a href=\"https:\/\/coingape.com\/glossary\/bitcoin\/\">Bitcoin<\/a>, Gold, and Silver. With mounting issues over the United States probably defaulting on its debt, Kiyosaki has resurfaced to reiterate his warnings about an impending extreme recession and growing corruption throughout the nation. Urging his followers to think about Bitcoin (BTC) as a safeguard towards these looming challenges, Kiyosaki emphasizes the <a href=\"https:\/\/coingape.com\/glossary\/cryptocurrency\/\">cryptocurrency\u2019s<\/a> potential as a capital appreciator in addition to an insurance coverage coverage amidst turbulent occasions.<\/p>\n<h2>Kiyosaki Advocates Bitcoin Against Corruption<\/h2>\n<p>On Friday, whereas talking in regards to the nation\u2019s current economical scenario, the 76-year-old writer and entrepreneur <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1659309445766324224\">shared<\/a> his ideas on the present financial state of the nation, portray a grim image of a looming \u201ccrash landing\u201d.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><em><strong>Read More: <a title=\"Cardano Founder Calls For \u201cDecentralized Updates\u201d Over Ledger Controversy\" href=\"https:\/\/coingape.com\/cardano-founder-decentralized-updates-ledger-controversy\/\" rel=\"bookmark\">Cardano Founder Calls For \u201cDecentralized Updates\u201d Over Ledger Controversy<\/a><\/strong><\/em><\/p>\n<p>Amidst rampant corruption and widespread incompetence, he touted the above-mentioned belongings as probably the most dependable hedge towards the approaching disaster, emphasizing their means to resist risky occasions \u2014 similar to insurance coverage insurance policies.<\/p>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-149036\" alt=\"robert kiyosaki bitcoin\" width=\"627\" height=\"202\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/19210215\/Screenshot-2023-05-19-210154.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-149036\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/19210215\/Screenshot-2023-05-19-210154.png\" alt=\"robert kiyosaki bitcoin\" width=\"627\" height=\"202\"\/><\/noscript><\/h2>\n<h2>Kiyosaki\u2019s Multiple Warnings Of Economic Crisis<\/h2>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>In his unrelenting criticism of the US authorities and the United States greenback, Robert Kiyosaki has many a time, described the forex as nothing greater than \u201ctoilet paper\u201d and even questioned its future standing because the world\u2019s reserve cash. As reported earlier on CoinGape, Kiyosaki had beforehand introduced consideration to the inversion of the yield curve and the way this phenomenon may result in a recession.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Earlier, the award-winning writer additionally touched upon the US authorities\u2019s plans for issuing a <a href=\"https:\/\/coingape.com\/glossary\/central-bank-digital-currency-cbdc\/\" target=\"_blank\" rel=\"noopener\">Central Bank Digital Currency (CBDC)<\/a>, which in line with him is an invasion of privateness. Kiyosaki opines that the CBDC would function a gateway for monitoring person exercise, financial spending and different covert operations by the federal government. Instead, he finds Bitcoin as a greater different and predicts it to hit $100,000 by the year-end.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-149037\" alt=\"robert kiyosaki bitcoin\" width=\"634\" height=\"205\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/19211530\/Screenshot-2023-05-19-211445.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-149037\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/19211530\/Screenshot-2023-05-19-211445.png\" alt=\"robert kiyosaki bitcoin\" width=\"634\" height=\"205\"\/><\/noscript><\/p>\n<p>As issues at the moment stand, the <a href=\"https:\/\/coingape.com\/price\/bitcoin\/\">price of Bitcoin<\/a> is exchanging fingers at $26,945 which represents a drop of 0.70% up to now twenty-four hours versus a achieve of two.31% recorded during the last seven days.<\/p>\n<p><em><strong>Also Read: <a title=\"Breaking: Swaprum DEX On Arbitrum Rug Pulls $3M, SAPR Token Crashes 100%\" href=\"https:\/\/coingape.com\/crypto-news-swaprun-dex-arbitrum-rugpulls-sapr-token-crash\/\" rel=\"bookmark\">Swaprum DEX On Arbitrum Rug Pulls $3M, SAPR Token Crashes 100%<\/a><\/strong><\/em><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA149030\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>CoinGape contains an skilled staff of native content material writers and editors working around the clock to cowl information globally and current information as a reality reasonably than an opinion. CoinGape writers and reporters contributed to this text.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD149030\">\n<p>  The introduced content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/rich-dad-poor-dad-robert-kiyosaki-bitcoin-insurance-corruption\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Renowned for his best-selling ebook \u2018Rich Dad Poor Dad,\u2019 Robert Kiyosaki has established himself as a outstanding advocate of other investments corresponding to Bitcoin, Gold, and Silver. With mounting issues over the United States probably defaulting on its debt, Kiyosaki has resurfaced to reiterate his warnings about an impending extreme recession and growing corruption [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[2213,20,611,6983,2211,6768,2212,1356],"class_list":["post-22750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-author","tag-bitcoin","tag-calls","tag-corruption","tag-dad","tag-insurance","tag-poor","tag-rich","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=22750"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22750\/revisions"}],"predecessor-version":[{"id":22751,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/22750\/revisions\/22751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/22752"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=22750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=22750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/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