The author of the best-selling finance book “Rich Dad, Poor Dad”, Robert Kiyosaki, expressed his concerns about the US dollar and the fact that there’s nothing to back it up. He also holds that cryptocurrencies will eventually replace it.
The finance book “Rich Dad, Poor Dad” went on to sell upwards of 32 million copies, turning it into a multinational sensation. The book advocates the overall importance of financial literacy.
Its author, Robert Kiyosaki, shared his concerns about the current state of the US economy and its currency – the dollar, which isn’t backed by gold since President Nixon conclusively took it off the gold standard in 1971.