"Hmm do you prefer BRICS crypto or the US dollar? Try to answer a little."
Worried about the BRICS economic bloc being able to develop a gold-backed cryptocurrency, leading author 'Rich Dad Poor Dad' Robert Kiyosaki warns indeed the fall of the United States (US) dollar can be triggered.
If the BRICS gold crypto is developed, trillions of United States (US) fiat currency will rush back to the country then causing hyperinflation which eventually destroyed the US dollar.
The string, Kiyosaki advises investors to buy BTC, gold and silver if you want to protect yourself from the fall of the US dollar.
It is true that the topic of discussion on gold-backed cryptos was sparked during the BRICS leaders' summit in August 2023, but the focus began to shift towards promoting the use of local currencies in trade settlements to reduce dependence on the US dollar.
It is common knowledge that Discussions on the BRICS currency have currently subsided follow-up from projections that show there is a rather long timeline to realize it.
Temporarily The economic alliance has invited five new countries to its leaders' summit where BRICS members are Saudi Arabia, the United Arab Emirates (UAE), Iran, Egypt and Ethiopia.
Kiyosaki consistently warned of the fall of the US dollar following his see BTC as the perfect asset in the future has urged investors to dump US dollars to buy BTC, gold and silver.
