Kiyosaki backs Bitcoin and gold as 1974 shift returns

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Kiyosaki backs Bitcoin and gold as 1974 shift returns
Kiyosaki backs Bitcoin and gold as 1974 shift returns
Brie Carter
Written by Brie Carter
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Robert Kiyosaki said current economic pressures reflect a long-term shift that began in 1974, urging investors to consider Bitcoin and gold as alternatives to traditional financial systems.

He pointed to changes including the rise of the petrodollar system and pension reforms that shifted retirement risk onto individuals, contributing to today’s inflation and financial instability.

“The future created in 1974 has arrived,”

Said Rich Dad Poor Dad author, Robert Kiyosaki.

Kiyosaki reiterated his view that assets such as Bitcoin, gold and silver represent “real money,” arguing they offer protection against currency debasement and rising global debt.

He also warned that a potential financial system “bubble burst” could trigger a sharp rally in scarce assets, with previous comments suggesting Bitcoin could reach $750,000 in such a scenario.

Meanwhile, market data shows bearish sentiment toward Bitcoin has risen, with the ratio of bullish to bearish social commentary falling to 0.81, reflecting weak investor confidence.

Despite this, analysts note that extreme negative sentiment has historically acted as a contrarian indicator, suggesting the possibility of a rebound if market conditions stabilise.

At the time of reporting, Bitcoin price was $68,795.15.

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