Prominent financial experts, such as the author of “Rich Dad Poor Dad,” Robert Kiyosaki, have sounded alarms about the number of people who can reposition themselves and fight this inflationary war through their investment decisions, as almost every country on the planet is currently combating excessive inflation.
Again, Kiyosaki has utilized the X platform to advocate for Bitcoin (BTC), maintaining his consistent exposure to the coin.
In his most recent warning, Kiyosaki defined hyperinflation as the exact antithesis of the misconception that prices are increasing.
He emphasized that with hyperinflation, the purchasing power of a person’s money decreases, which can be detrimental to the economy.
In addition to Kiyosaki’s consistent appeal to buy Bitcoin, many entities in the financial ecosystem are notably doubling down on their overall adoption of the leading cryptocurrency in recent times, a trend that appears to provide the coin with the appropriate amount of lift.
CoinMarketCap data indicates that the digital currency’s price at publication is $26,960.
Currently, the coin has increased by as much as 62.91% year-to-date (YTD), lending credence to how well the digital currency can help preserve capital and return value to its holders compared to traditional assets that depreciate due to inflation.