Robert Kiyosaki, famous for his “Rich Dad” series, recently visited South Africa and was deeply impressed by the BRICS stablecoin project. This led him to predict a scenario where the launch of a gold-backed cryptocurrency by BRICS could trigger hyperinflation in the US by causing trillions of US dollars to return home, ultimately destroying the dollar.
Kiyosaki emphasized this during discussions in South Africa and reiterated his advice to invest in gold, silver, and Bitcoin for financial protection. However, the feasibility of a gold-backed stablecoin is questionable due to the manipulation of gold prices by global bankers, which has been ongoing for decades. If the BRICS stablecoin threatened the dominance of the US dollar, these bankers could depress gold prices, making the stablecoin unviable.
