'Rich Dad Poor Dad' author: bitcoin price to hit $120,000 next year

Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, said in a social media post that the assumption that the BRICS countries will announce the launch of a gold-backed trading currency next month could change the valuation of the U.S. dollar. Considering the impending devaluation of the dollar, Kiyosaki advises followers to buy gold and silver as a hedge against inflation, which is set to soar in the coming months. In addition, Kiyosaki predicts that the price of Bitcoin will touch $120,000 next year.