• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

2025-05-12

Bitcoin Nodes, Censorship, and Big Blockheads

2025-05-12

💼 The Investing Game Has Changed! 🌐🚨

2025-05-11

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

    2025-05-12

    What is Proof-of-Authority (POA) Consensus in Blockchain?

    2025-05-09

    What Is Proof-of-Stake (PoS)? Guide to Blockchain Consensus for Beginners

    2025-05-09

    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    2025-05-03

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    2025-05-02
  • Videos

    Bitcoin Nodes, Censorship, and Big Blockheads

    2025-05-12

    💼 The Investing Game Has Changed! 🌐🚨

    2025-05-11

    Solana’s Path to $1000 Starts Here — Don’t Miss This Update

    2025-05-11

    Bitcoin Just Broke Out – Is the Bull Run BACK?!

    2025-05-10

    Bitcoin Back To The Races

    2025-05-09
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Bitcoin»Finance Expert Drops Grim Prediction For US Economy, Says Bitcoin Is The ‘Parachute’
Bitcoin

Finance Expert Drops Grim Prediction For US Economy, Says Bitcoin Is The ‘Parachute’

2024-02-09No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The United States economy and where it might be headed has been a hot topic of debate among finance experts, with some recommending Bitcoin as a safe haven. One of those who has continued to tout BTC as the answer is renowned finance author Robert Kiyosaki, who has made a gloomy prediction for the US economy.

The Economy Is Coming Down

In a post made on X (formerly Twitter), Robert Kiyosaki, who is widely known for his best-selling finance book titled ‘Rich Dad Poor Dad’, warned investors of an impending crash. According to Kiyosaki, a lot of investors would end up losing their money as they do not know what to do with it.

He compared the current situation to flight students in the US Navy being taught how to fly and also how to crash. However, it seems that there is no easy option for investors going forward, as he calls for a “bail out.”

The finance expert warns that banks as well as the US economy will crash, and “We are not going in for a soft landing.” In light of this, he steers investors toward other forms of wealth preservation, which are Gold, Silver, and Bitcoin.

As much as the finance author expects that the crash will be brutal, he believes that by being in the three assets mentioned above, then investors can have “parachutes for your personal soft landing.”

Bitcoin price chart from Tradingview.com

BTC bulls clear $47,000 resistance | Source: BTCUSD on Tradingview.com

Strong Advocate For Bitcoin

Kiyosaki is not new to pushing Bitcoin as an alternative to traditional cash and investment vehicles. Over the last year, the finance expert has warned that the US economy is headed for doom and as always, pushes the likes of Gold, Silver, and Bitcoin as an answer to the ‘inevitable crash.’

See also  Solana and Bitcoin have a surprising connection, emails reveal

The author has also provided incredibly bullish predictions for the BTC price going forward, which he expects to rise more than 300% from here. According to Kiyosaki, Bitcoin will rise as high as $150,000 post-Spot Bitcoin ETFs approval, and with the price inching toward $50,000 already, it seems Kiyosaki’s prediction may end up playing out.

Kiyosaki has also presented Bitcoin as a safe haven at a time when there is widespread political discontent. He has also publicly declared his dislike for the current President, Joe Biden, who he believes is weak and a terrible president.

In order to fight back, the finance author suggests that investors move their assets into Gold, Silver, and Bitcoin which cannot easily be controlled by the government. He also believes BTC is the “best protection” against hyperinflation, which he expects to happen soon.

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Bitcoin Drops economy Expert Finance Grim Parachute Prediction
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Nodes, Censorship, and Big Blockheads

2025-05-12

Bitcoin Just Broke Out – Is the Bull Run BACK?!

2025-05-10

Bitcoin Back To The Races

2025-05-09

Bitcoin Nears Record High as Macro Jitters Linger (BULLS ARE BACK!)

2025-05-08
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Learn About Crypto

Ethereum Name Service (ENS) Price Prediction 2023 2024 2025

2023-12-31

Ethereum Name Service Overview Ethereum Name Service Price Change 24h -3.71% Ethereum Name Service Price…

Videos

AI Coins About To SKYROCKET!

2023-04-15

Sign Up Here for the CT Club! https://patreon.com/cryptotips ✴︎Ledger hardware wallets https://shop.ledger.com/?r=67ef …

DeFi

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain

2023-03-22

DeFi The total value locked (TVL) in decentralized finance (defi) has risen above the $50…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

2025-05-12

Bitcoin Nodes, Censorship, and Big Blockheads

2025-05-12

💼 The Investing Game Has Changed! 🌐🚨

2025-05-11

Solana’s Path to $1000 Starts Here — Don’t Miss This Update

2025-05-11
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 103,939.85
ethereum
Ethereum (ETH) $ 2,604.31
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.56
bnb
BNB (BNB) $ 662.77
solana
Solana (SOL) $ 177.31
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237461
cardano
Cardano (ADA) $ 0.818595
tron
TRON (TRX) $ 0.270034
bitcoin
Bitcoin (BTC) $ 103,939.85
ethereum
Ethereum (ETH) $ 2,604.31
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.56
bnb
BNB (BNB) $ 662.77
solana
Solana (SOL) $ 177.31
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237461
cardano
Cardano (ADA) $ 0.818595
tron
TRON (TRX) $ 0.270034