The author of the bestselling book Rich Dad Poor Dad said that he supports the first cryptocurrency, as well as gold and silver, as he does not trust either the Federal Reserve System or the US President.

“Bitcoin is up over 100% in a year. Will BTC continue to rise? I bet on it. I am buying more gold and silver. Why buy more gold, silver and bitcoin? Because the Fed, Treasury and Joe Biden are liars,” Robert Kiyosaki tweeted.

Kiyosaki often reiterates that the American and global economies have tough times ahead. Therefore, an experienced investor encourages people to invest in precious metals and bitcoin in order to protect themselves from inflation and save their savings.

Kiyosaki has repeatedly said that he believes in the prospects of the first cryptocurrency. The economist stated that even the collapse of FTX could not prevent the growth of bitcoin.

The writer and economist insists that cryptocurrencies can be an excellent defense against falling global stock markets, and the current change in the price of BTC makes it even more attractive. At the same time, Kiyosaki himself invested in the first cryptocurrency for $6,000 and continues to keep a supply of coins.