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Robert Kiyosaki, prominent investor and a non-fiction writer, best known for his book on financial self-education called “Rich Dad, Poor Dad”, has taken to Twitter to approve of Elon Musk’s decision to allocate approximately ten percent of Tesla’s cash reserves in Bitcoin.
In a recent tweet, the author of “Rich Dad, Poor Dad” stated that he does “love Elon investing billion in Bitcoin”.
Kiyosaki is himself a fan of the world’s largest cryptocurrency. Apart from that, he is also keen on silver and gold, whereas many old-school investors prefer gold and slam Bitcoin.
Kiyosaki, who began his entrepreneurial path in the real-estate during the previous economic crisis of 2008-2009 caused by the mortgage securities bubble bursting, believes that Bitcoin, silver and gold have a big potential in the future.
As for silver, he expects it to be in a bigger demand with Apple, Tesla and large pharmaceutical companies.
As for GameStop, Kiyosaki called it a “fake asset”.
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