We are living in the biggest bubble ever – gloomy forecast for cryptos

A famous author says that we are living in the biggest bubble ever and that cryptos are taking us to the abyss.

We are talking about the famous author Robert Kiyosaki here. He is the author of the bestseller Rich Dad Poor Dad† This is a 1997 book, it has been on the New York Times bestseller list for over six years. The book has sold 32 million copies in more than 51 languages ​​in 109 countries. Kiyosaki says ‘We are in the biggest bubble in world history’ – warns that the government will seize all cryptocurrencies.

Biggest crypto ever bubble

The author has made some bleak predictions about the economy and the future of cryptocurrency. In addition to warning that we are in the largest bubble in world history, Kiyosaki has predicted that the government will seize all cryptocurrencies. Referring to bubbles in stocks, real estate, commodities and oil. Looking ahead, he warned of hyperinflation and depression. He openly wonders if people have a plan B.

Cryptos are disappearing as we know them

Kiyosaki warns that the government is confiscating all cryptocurrencies and merging into ‘Fed Crypto’. Until Tuesday, Kiyosaki was bullish on Bitcoin. He often advised buying gold, silver and Bitcoin as a hedge against inflation. However, the author tweeted on Tuesday morning that he expects the US government to confiscate all cryptocurrencies.

He explained that after President Biden signed an executive order to regulate cryptocurrencies, the next step would be to launch a “Fed crypto”. After that, he believes that all cryptocurrencies will be seized and folded into the government crypto. “Goodbye Bitcoin,” he wrote.