Kiyosaki Initiatives $120k BTC as BRICS Plan to Unveil Gold-backed Crypto

• Robert Kiyosaki highlights imminent gold-backed crypto by the BRICS nations.
• Kiyosaki expects trillions of {dollars} to depart USD to BRICS residence international locations.
• He predicts Bitcoin’s worth to be $120,000 inside the subsequent 12 months.

In a latest tweet, famend creator and investor Robert Kiyosaki hinted at an imminent announcement by the BRICS nations, together with Brazil, Russia, India, China, and South Africa, concerning a revolutionary gold-backed cryptocurrency.

Kiyosaki foresees a major problem to the US greenback’s dominance as a result of imminent growth of the BRICS nations. He additionally initiatives a staggering rise in Bitcoin’s worth to $120,000 inside the subsequent 12 months because of this.

“Purchase gold, silver; Bitcoin to $120k subsequent 12 months,” Kiyosaki remarked.

In line with the monetary skilled, if the BRICS nations comply with by means of with the introduction of gold-backed crypto, it might set off a paradigm shift in world finance. He believes it might additionally lead to an enormous capital outflow from the US greenback, probably inflicting trillions of {dollars} to flood again to their respective residence international locations.

The view of the distinguished monetary educator captured the eye of buyers and consultants inside and out of doors the crypto neighborhood, with many anticipating the projected fall of US {dollars}. Nevertheless, not everybody was satisfied by Kiyosaki’s predictions. A Twitter consumer expressed skepticism about projections, calling the forecasts pointless.

In the meantime, Kiyosaki’s latest tweet was not the primary time he sounded the alarm bells in regards to the dire state of the US financial system. As Coin Version reported, Kiyosaki had characterised the debates amongst politicians concerning elevating the US debt restrict as a “dangerous comedy,” dismissing them as a theatrical spectacle.

Kiyosaki argued that the exhausting details pointed to the US being bankrupt, burdened by unfunded liabilities which exceeded a staggering $250 trillion, together with Social Safety. Consequently, he urged his followers to take motion by investing in Bitcoin. Kiyosaki has beforehand argued that Bitcoin will hit $500,000 in 2025.