BCGAME - Free 5BTC Daily Bonus!- Banking crisis signals greater risks.
- Bitcoin as a safe haven.
- Intrinsic and limited supply value assets.
Renowned author and investor Robert Kiyosaki points to the recent collapse of a bank in Oklahoma as an alarming sign for global markets. He says both the bond market and commercial real estate are in a position of extreme vulnerability, underscoring his long-standing criticism of the current financial system.
The banking crisis has begun. Oklahoma bank closes its doors. Watch out, the bond and commercial real estate markets are next to go.
Kiyosaki, who has a history of being skeptical about the U.S. banking and economic system, argues that the U.S. dollar is a “fake” product of a corrupt and flawed monetary system. He sees the dollar’s devaluation and reliance on unsustainable financial practices as precursors to a severe economic crisis, comparable to the Great Depression of 1929.
The author and investor suggests that the best strategy to protect yourself from this instability is to invest in assets with intrinsic value and limited supply, such as gold, silver and, most notably, Bitcoin.
He describes Bitcoin as “the people’s money,” valuing its decentralized nature and restricted supply, which directly oppose the characteristics of traditional fiat currency. In his words, these assets are the most robust defense against the “firestorm” that continually consumes financial markets.
