Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, shared his gloomy expectations on the economy and the future of crypto. He warned his 1.8 million followers on Twitter that we are in the biggest bubble in world history, including stocks, real estate, commodities, and oil. According to Kiyosaki, the future is hyperinflation and depression. As a plan B, he advised to “be an entrepreneur”, not invest in the stock market, create own assets and use debt for financing.

Regarding crypto, Kiyosaki, who has been bullish on bitcoin, said that the next step after President Biden’s executive order regulating cryptocurrencies will be the launch of “Fed crypto”. He believes that the seizing of all crypto and folding into the government crypto will be followed, adding “bye-bye bitcoin”.