• Elon Musk has expressed his support for a common digital currency being developed by Brazil and Argentina.
• The goal of creating the new currency is to undermine the U.S. dollar’s strength in the region.
• Robert Kiyosaki has recommended buying bitcoin and avoiding the crash of the dollar.
Elon Musk and Robert Kiyosaki have recently expressed their support for the creation of a common digital currency between Brazil and Argentina. Reports indicate that the two countries are working on the project, which is being called ‘Sur’, and they are inviting other Latin American countries to join. The goal of this new currency is to reduce the strength of the US dollar in the region.
The news has been welcomed by many, including Musk himself, who took to Twitter to express his opinion that the move is “probably a good idea.” Sergio Massa, the minister of the Economy of Argentina, has said that deep discussions are the first step in the creation of the currency.
The news has also sparked predictions from Kiyosaki, the author of “Rich Dad Poor Dad”. He believes that the US dollar is toast and that Saudi Arabia joining BRICS in October is a sign of this. As a result, he is recommending that people buy bitcoin, as it will help them to avoid the crash of the US dollar.
The creation of the new currency is likely to have a big impact on the region and the global economy. It will be interesting to see how this project develops and if it will be a success. It is clear that the initiative has been welcomed by both Musk and Kiyosaki, and it is likely that other figures in the world of finance will also express their views.