The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed.
Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether
Robert Kiyosaki, the author of Rich Dad Poor Dad, has revealed that he is buying more bitcoin and ether in response to the alarming rise he sees in inflation.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki tweeted last week:
Dollar Tree becomes $1.25 Tree. Inflation is a tax on the poor and middle class. Inflation makes the rich richer. Get smart. Get richer. I am buying more gold, silver, bitcoin, ethereum, rental real estate, and oil.
When he tweeted about buying more BTC and ETH, the price of bitcoin was about $56,267 while ether was trading at $4,238 based on data from Bitcoin.com Markets. At the time of writing, the price of bitcoin is $57,264.26 and ether is trading at $4,294.