Investor Warns of Possible Collapse of US Dollar if BRICS Launches Gold-Backed Cryptocurrency

CC BY-SA 2.0 / Gage Skidmore / Robert Kiyosaki, US businessman and investorRobert Kiyosaki, US businessman and investor
Robert Kiyosaki, US businessman and investor - Sputnik Africa, 1920, 14.05.2024
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De-dollarization is progressing steadily within the BRICS and the global economy, but additional efforts are needed to speed up the transition, Michael Goddard, the president of the investment company Netley Group, told Sputnik earlier.
US businessman and investor Robert Kiyosaki has warned of a possible collapse of the US dollar if BRICS launches a gold-backed cryptocurrency.
A BRICS cryptocurrency may cause US dollars to "come rushing back to home to America causing hyperinflation in America," the founder of the Rich Dad company said on social networks.

"Best buy real gold, silver, and Bitcoin now, and protect yourself from the crash of US dollar," he added.

A money changer counts US dollar banknotes for customers. - Sputnik Africa, 1920, 14.09.2023
De-Dollarization Accelerating Within BRICS, Across Globe, Investment Company Says
In March, Russian Ambassador to the United States Anatoly Antonov told Sputnik that the bloc can eventually switch to a new payment system based on digital currencies or use blockchain.
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