Robert Kiyosaki: Coronavirus Pandemic Will Send Gold and Bitcoin “Parabolic”

Reported by the author of the world’s bestselling personal finance book that The coronavirus quits will result in the Bitcoin to go parabolic.

 Robert Kiyosaki, in a tweet, penned “Rich Dad Poor Dad,” claimed that the coronavirus pandemic was “great” for Bitcoin on April 15.

Robert Kiyosaki: BTC among “best investments

 Top cryptocurrency, BTC settled by crashing  $3,700 in mid-March, grabbed the position of being the “best investments”.

Kiyosaki outlined “US gov printing $10 trillion in FAKE US $ save the  US. FED printing $10 trillion to save SHADOW Banks,” He added:

“Dollar in a BULL market for now. When $ BEAR market begins GOLD SILVER BITCOIN parabolic. Best investments today. DO NOT MISS OUT.”

 Outstanding post invested on a description that attends to increasingly widespread among Bitcoin backers. Despite millions pursuing unemployment windfalls affecting stock markets raise.

robert kiyosaki: gold vs bitcoin
Gold versus Bitcoin 3-month chart. Source: Skew

As Cointelegraph reported, assumptions behind the center on governments and central banks employing coronavirus to develop what RT host Max Keiser pertains to as “neo-feudalism.”

On a questionable legal pretext, Central banks are acquiring equity that endows the minority and maintains primary market players financially optimistic besides other participants’ Lose out.

Bitcoin strikes precious metals’ certifications 

The outcome is Bitcoin, that Kiyosaki formerly brought out a direction to nominate of the fiat model. “The reason I endorse Bitcoin is just for one frickin’ reason: You’re not part of the system,” Bitcoinik noted.

A major upswing by Gold to all-time highs from 2011. Since March Bitcoin enjoyed robust renewal as silver, which is less “hard” as money than gold.

As remarked by the author of the popular book, “The Bitcoin Standard,” Saifedean Ammous. yet, silver is simple to manufacture as described in relation to gold, and cannot form a desirable money outcome.

Bitcoin is the sharpest form of money and the first element of money that society cannot use to generate rapidly. Diverse from gold, the output is limited barely by mortal time, and is Scarcity based.

Also Read: Grayscale Now Hold Around 2% of Total Bitcoin Supply