Robert Kiyosaki, the author of the best-selling investment book “Rich Dad Poor Dad,” has taken to Twitter once again to state his interest in Bitcoin. This time, Kiyosaki refers to a Forbes article that claimed that pension funds were “gambling” on cryptocurrencies.
According to research by the CFA Institute cited in the report, 94% of state and government-sponsored pension funds are invested in one or more cryptocurrencies despite the obvious risks. As reported by U.Today, Kiyosaki gave a few reasons why he would consider buying Bitcoin. The “Rich Dad Poor Dad” author mentioned that a string of actions by the U.S. government, including excessive borrowing, rising inflation and an increase in interest rates, as a result, have contributed to the U.S. dollar “dying.” He predicts that the prices of Bitcoin, gold and silver could significantly increase in the future.