Gloomy Crypto Future? Book Author Warns We’re In The Biggest Bubble In History

Famous “Rich Dad, Poor Dad” author Robert Kiyosaki has predicted a bleak future for the economy and the crypto market. He says we live in the largest bubble in human history — with stocks, real estate, commodities, and oil all experiencing bubbles. Kiyosaki added that hyperinflation and despair are on the table as well. Crypto Prediction The book author predicts that the US government will seize all cryptocurrencies when US President Joe Biden signs an executive order on cryptocurrency — which the President did, on Wednesday. Bitcoin is out, he writes, and a “Fed crypto” will be launched following the signing of Biden’s EO. Kiyosaki has warned of depression in the past, and this is no exception. As recently as December of last year, he cautioned that a major economic disaster was in the offing. Related Article | Massive Amount Of ‘Sleeping’ Bitcoin Moved After More Than 11 Years In Hibernation Decentralized cryptocurrencies such as bitcoin and ether cannot be frozen or seized inside the network itself. “This is why he is so enthusiastic about bitcoin,” according to US Senator Ted Cruz. Biden Signs Crypto EO Biden’s crypto directive is aimed at creating a “national strategy for digital assets across six important goals.” A government strategy to manage the dangers and utilize the potential advantages of digital assets is outlined in the executive order, among other key factors. The...