- Robert Kiyosaki highlights imminent gold-backed crypto by the BRICS nations.
- Kiyosaki expects trillions of dollars to depart USD to BRICS home countries.
- He predicts Bitcoin’s value to be $120,000 within the next year.
In a recent tweet, renowned author and investor Robert Kiyosaki hinted at an imminent announcement by the BRICS nations, including Brazil, Russia, India, China, and South Africa, regarding a revolutionary gold-backed cryptocurrency.
Kiyosaki foresees a significant challenge to the US dollar’s dominance due to the imminent development of the BRICS nations. He also projects a staggering rise in Bitcoin’s value to $120,000 within the next year as a result.
“Buy gold, silver; Bitcoin to $120k next year,” Kiyosaki remarked.
According to the financial expert, if the BRICS nations follow through with the introduction of gold-backed crypto, it could trigger a paradigm shift in global finance. He believes it could also result in a massive capital outflow from the US dollar, potentially causing trillions of dollars to flood back to their respective home countries.
The view of the prominent financial educator captured the attention of investors and experts within and outside the crypto community, with many anticipating the projected fall of US dollars. However, not everyone was convinced by Kiyosaki’s predictions. A Twitter user expressed skepticism about projections, calling the forecasts pointless.
Meanwhile, Kiyosaki’s recent tweet was not the first time he sounded the alarm bells about the dire state of the US economy. As Coin Edition reported, Kiyosaki had characterized the debates among politicians regarding raising the US debt limit as a “bad comedy,” dismissing them as a theatrical spectacle.
Kiyosaki argued that the hard facts pointed to the United States being bankrupt, burdened by unfunded liabilities which exceeded a staggering $250 trillion, including Social Security. Consequently, he urged his followers to take action by investing in Bitcoin. Kiyosaki has previously argued that Bitcoin will hit $500,000 in 2025.
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