Robert Kiyosaki, author of the best-selling “Rich Dad, Poor Dad,” has highlighted the significant impact that the BRICS stablecoin could have on the US dollar. In a recent message, Kiyosaki recommended abandoning the dollar and taking refuge in gold, silver and bitcoin (BTC) to survive a possible financial crisis.

The BRICS effort to reduce dependence on the US dollar

The BRICS group, made up of Brazil, Russia, India, China and South Africa, is working on a cryptocurrency backed by gold and other commodities, called BRICS Bridge. This stablecoin seeks to offer an independent payment system that could reduce dependence on the dollar in global trade. The combined BRICS economy accounts for around 25% of global GDP, which could have a significant impact on the global economy and the dollar's position as a store of value.

Kiyosaki's vision for the future of the dollar

Kiyosaki warns that if the BRICS cryptocurrency is successful, it could cause hyperinflation in the United States by returning fiat dollars to the country, destroying the value of the dollar. For this reason, he recommends investing in bitcoin, gold and silver, assets that he considers safer and capable of protecting wealth in the long term. According to Kiyosaki, these assets do not lose value like fiat money does, making them a smart option to avoid poverty.

Conclusion

The creation of a BRICS-backed stablecoin could represent a significant change in the global economy, affecting the position of the US dollar. Kiyosaki urges moving away from fiat money and believes that investing in assets such as bitcoin, gold and silver is a prudent strategy to protect personal wealth against the possible devaluation of the dollar. The global economy is constantly changing, and the adoption of new technologies and digital currencies could redefine current financial structures.

Bilbaohiria