Rich Dad Poor Dad author Robert Kiyosaki reviews the latest move by members of the BRICS alliance to adopt the gold standard.
Robert Kiyosaki said that the BRICS countries may announce the launch of a gold-backed cryptocurrency next month, which may change the status quo of the valuation of the US dollar (USD). Hedge against inflation that is about to soar in the coming months.
In addition, Kiyosaki predicted that the price of Bitcoin will hit $120,000 next year.
Standard Chartered predicts that Bitcoin could reach $50,000 this year and $120,000 by the end of 2024.