"Kiyosaki doesn't care if he is criticized or not, he will speak his opinion out loud."
The famous author of 'Rich Dad Poor Dad', Robert Kiyosaki has once again asserted that fiat currencies are headed for collapse while cryptocurrencies are poised to be the future of money.
Kiyosaki has long been a strong supporter of crypto, so his latest comments on social media platform X while he was in Singapore for the TOKEN2049 conference have managed to revive the debate about the future of money.
Following Kiyosaki saying crypto is the future and fiat money as fake money, many investors are starting to believe that digital assets will soon turn into the main medium of exchange.
Not only that, he who openly admits to owning Bitcoin (BTC) has seen crypto as a hedge against the devaluation of traditional currencies affected by inflation and the government's monetary policy.
This is because BTC managed to bounce back immediately after the crypto market experienced a drastic fall, so here it can be seen that the digital asset is in a strong position in the wider financial landscape.
Even so, the crypto market is currently under some pressure from FTX announcing its surprise plan to liquidate $3.4 billion worth of digital assets by the end of 2023.
There is no denying that Kiyosaki sees crypto as the future of money, but the evolution of the crypto market remains a subject of debate following regulatory uncertainty, market sentiment and technological advances.
