Post
Topic
Board Bitcoin Discussion
Re: Financial Writers Predict Fiat Dollar Will Collapse and Rise Crypto
by
pushups44
on 26/08/2018, 00:14:54 UTC
The best-selling financial book writer "Rich Dad, Poor Dad" said Bitcoin would replace the US dollar, which he called "counterfeit money." In the April Sane Crypto podcast, author Robert Kiyosaki said the practice of printing more money in America was to create bubbles that would explode. "I think the dollar is toast because gold and silver and cyber currencies will take it," he said. "The US dollar is a fraud. I think we are watching the end of the dollar. "

https://www.youtube.com/watch?v=unvFvAUCZEU

I am skeptical of those who claim there will be a dollar collapse any time soon, because they have been predicting it for years, and some for decades. An advantage of bitcoin is that it cannot be recklessly printed like the dollar, so it may become a save haven alternative like gold. I believe both bitcoin and gold are a solid form of insurance to a potential dollar collapse.