Robert Kiyosaki believes the world is headed for an unprecedented global recession, so bitcoin becomes priceless!

Robert Kiyosaki, famous investor and author of books on financial education – “Rich Dad, Poor Dad” is the most famous of them – took to Twitter to give his opinion on the current state of the global economy and the role bitcoin could play in it.

“We are in a global recession”, “Bitcoin is priceless”.

Robert Kiyosaki believes that the current state of the global economy is worse than the Great Depression that hit the United States in the early 1930s of last century. The investor believes that the world has entered a state of global recession and that a “hard landing for the world” is coming.

He mentioned a wave of bankruptcies, companies laying off staff, including in the crypto space, an increase in homelessness and “retirements, we’re toast“. This is what Kiyosaki called bad news. However, he pointed out that there was also good news: “good business everywhere“, silver and gold becoming cheaper and cheaper and “bitcoin is no longer priced“, he stressed in his tweet.

Q: WHATIS WORSE THAN A GREAT DEPRESSION? A: a global recession. UNFORTUNATELY we are in GLOBAL RECESSION. Hang on. Rough landing for world. BAD NEWS Bankruptcy, Unemployment, Homelessness soar. Retirements toast. GOOD NEWS. Bargains everywhere. Gold, Silver, BC PRICELESS.

Robert Kiyosaki (@theRealKiyosaki) January 28, 2023

Robert Kiyosaki continues to buy bitcoins

On the last day of 2022, Robert Kiyosaki had stated that he was optimistic about the evolution of Bitcoin and that he was still buying it. The main reason for this is that BTC is classified by US regulators as a commodity, similar to gold and silver (in which he also invests, believing that it is not only a store of value but also useful money in various industries in the future).

As for altcoins, the author of “Rich Dad, Poor Dad“believes that the majority of them are classified as securities and that “SEC regulation will crush them all“. Therefore, bitcoin is the only crypto he favors.

Overall, Kiyosaki has previously stated that he is willing to buy BTC no matter how low the price goes. The lower it is, the better, according to one of his tweets, in which he said he was waiting for bitcoin to test the $1,100 level.

Currently, the leading digital currency in terms of market capitalization is trading at $23,180, according to data shared by the analysis site coingecko.