Amid his predictions of a financial collapse, Robert Kiyosaki, a renowned entrepreneur and author of best-selling personal finance book ‘Rich Dad Poor Dad,’ has issued another warning against fiat money, particularly the United States dollar (USD), which he considers ‘counterfeit.’
As it happens, Kiyosaki retold a story about how he started to make his own coins when he was young by melting down old tubes of toothpaste made out of lead at the time, thus “producing lead nickels, dimes, and quarters,” according to his X post published on July 28.
However, the “poor dad” character from his book, which draws inspiration from real people in Kiyosaki’s life, warned him this was ‘counterfeiting,’ telling him it was illegal and that he would go to jail if caught and efficiently putting a stop to his “toothpaste tube smelting business.”
Bitcoin weighted social sentiment. Source: Santiment
Meanwhile, the price of Bitcoin, which comprises a significant part of Robert Kiyosaki net worth, has recorded increases as well, gaining 3.13% in the last 24 hours, accumulating an advance of 3.25% across the previous seven days, and adding up to the 13.94% growth in the past month, reaching the price of $69,520, per data on July 29.
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