Poor Dad Wealthy Dad’s Robert Kiyosaki Said He Purchases Bitcoin Because He Does Not "Trust" The Dollar

World-famous businessman and author Robert Kiyosaki has said that he buys more Bitcoin because he doesn't trust the U.S. currency, which he has called "fake."

In a recent interview with Kitco News, Kiyosaki, the best-selling author of Rich Dad, Poor Dad, offered a stern warning about the depreciating US currency.

The American businessman said that the days of the U.S. dollar serving as the world's reserve currency were limited, citing factors including excessive printing.

The end of the American Empire is at hand, he said, adding that "the dollar was as good as gold, that's all changed, and now, we're in real difficulty internationally."

The long-term worth of Bitcoin and other precious metals like gold and silver, in contrast, is something that Kiyosaki asserted. He added that even after a fall, Bitcoin always returns "roaring back," demonstrating the resilience of the leading cryptocurrency.