- Robert Kiyosaki urges the public to save Bitcoin, Gold, or Silver instead of fake fiat currencies.
- The investor shares his concerns about the public leaders’ lack of financial knowledge.
- Kiyosaki reiterates his bullish beliefs on Bitcoin and adds that investors in fiat currencies are losers.
Crypto investor Robert Kiyosaki, best known for his financial education book Rich Dad Poor Dad, recently reiterated his optimistic perspectives on Bitcoin. In his latest X post, Kiyosaki urged the public to save the “real” Bitcoin, Gold, or Silver instead of “fake” fiat currencies.
Kiyosaki pointed out the possibility of Bitcoin becoming a “scam” or a “Ponzi scheme.” But he added, “Bitcoin is not any more of a scam or a Ponzi scheme than the US Dollar, Euro, Yen, or any other ‘fake’ or fiat currency.” Reinforcing his lack of interest in fiat currencies, he asserted that these currencies are “Giant Ponzi schemes.”
Further, Kiyosaki shared his concerns regarding the political leaders’ lack of financial knowledge. According to him, the US political, banking, and financial leaders are incompetent and corrupt. Adding that the leaders have ripped off America and the whole world, he posited,
Our leaders have no idea how to control the growing US government debt and US bond market, and over inflated stock market…They should resign, be fired, impeached, or put in jail. All should have their college tuitions refunded. Obviously they learned nothing in school about money, ethics, honest, or morality.
Reflecting on his advice from Rich Dad Poor Dad, Kiyosaki recommended his followers to invest in and save Bitcoin. Repeating the same line from the text, he wrote, “Savers (of fake money) are losers.”
However, the investor also highlighted the possibility of Bitcoin reaching zero just like any other fiat currency. Reportedly, thousands of “fake” currencies have historically been nullified. Before concluding his post, Kiyosaki recommended major figures like Ral Paoul, Lawrence Lepard, Jeff Booth, Mark Moss, and Anthony Pompliano for financial advice.
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