Rich Dad Poor Dad Author Reaffirms Bitcoin as Defense in Global War Caused by Greed, Insanity, and Fear
By: bitcoin ethereum news|2025/05/09 04:45:03
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Robert Kiyosaki, author of “Rich Dad Poor Dad,” has emphasized that Bitcoin remains a critical defensive asset in what he describes as a global war triggered by fear and greed. His message follows a significant development in the automotive industry as major Japanese carmakers such as Toyota, Honda, and Nissan are reportedly halting vehicle sales in the United States. OMG: Toyota, Honda, and Nissan have decided to stop selling cars in US. This will mean massive unemployment and crash of many towns dependent upon Japanese cars. As pilots say, strap in tight and prepare for crash. US automakers like Ford, GM, and Stellantis may boom.... If... — Robert Kiyosaki (@theRealKiyosaki) May 8, 2025 This decision, according to Kiyosaki, could result in mass unemployment and economic disruption in towns reliant on Japanese auto plants. He added that while U.S. manufacturers like Ford, GM, and Stellantis might gain from this development, they must respond swiftly. He drew parallels to broader geopolitical tensions, warning that currency wars often escalate into trade wars, which may ultimately lead to military conflict. Growing Threat of War In his statement, Kiyosaki linked the economic risks facing the United States to broader geopolitical dynamics, citing his own military experience during the Vietnam War. He refrained from specifying which potential conflict he referred to but expressed concern over rising international tensions. He highlighted the growing threat of war and emphasized the need for preparation, both economically and personally. His remarks centered on the idea that assets like Bitcoin could serve as financial protection in an increasingly volatile global environment. Can Bitcoin Be Defense in a Global War? Notably, Bitcoin has demonstrated strong performance through 2025, gaining over 50% in the past year and now nearing the critical $100,000 level. As of today, it is trading at $99,456, reflecting a 2.11% increase in the last 24 hours and a 3.52% rise over the past week. Despite brief volatility earlier in the year, the digital asset has shown resilience during recent market disruptions. Its recovery from a dip below $75,000 during tariff-related instability earlier this year supports Kiyosaki’s view, though no definitive link has been established between geopolitical risk and Bitcoin’s rally. Other Pundits Seeing Bitcoin as Hedge Against Turbulence Previously, analysts from Citigroup acknowledged Bitcoin’s stable behavior amid financial stress, particularly in comparison to traditional assets. In an April report, Citigroup noted that Bitcoin had outperformed macro-based price expectations since early March. This performance occurred as equities and bonds faced heavy volatility. Notably, during the March 2023 Silicon Valley Bank crisis, Bitcoin remained stable above $21,000 and closed that month above $28,000. Similarly, in September 2023, amid rising U.S. bond term premiums, it maintained value, opening near $25,000 and ending slightly higher. DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses. Source: https://thecryptobasic.com/2025/05/08/rich-dad-poor-dad-author-reaffirms-bitcoin-as-defense-in-global-war-caused-by-greed-insanity-and-fear/?utm_source=rss&utm_medium=rss&utm_campaign=rich-dad-poor-dad-author-reaffirms-bitcoin-as-defense-in-global-war-caused-by-greed-insanity-and-fear
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