Robert Kiyosaki urges investors to fight back with Bitcoin

Source Cryptopolitan

Best-selling author of Rich Dad Poor Dad, Robert Kiyosaki, has once again launched a scathing attack on the corrupt centralized system. In his recent post on X, Kiyosaki mentioned that investors and the populace in general should be doing enough to fight back against this system using Bitcoin.

In his post on X, Kiyosaki cited insights from United States Congressman Ron Paul, who had been a long-time advocate for abolishing the Federal Reserve and all central banks. Paul, the author of End the Fed, described rate sheeting by central banks as price fixing, equating the move to socialist and Marxist economic control. Paul had always warned that such mechanisms rob personal wealth and undermine economic freedom, something Kiyosaki has always agreed with

Robert Kiyosaki wants investors to ditch ‘fake money’ for Bitcoin

In his latest X post, Kiyosaki called on all investors to ditch what he has always considered ‘fake money.’ “Fake money leads to dishonest money, dishonest statistics, dishonest accounting, dishonest balance sheets, dishonest compensation, dishonest relations, dishonest leaders, and corruption in everyday life,” Kiyosaki said. He also urged Americans to fight back by moving away from the corrupt fiat system and instead embracing fiat systems like Bitcoin and precious metals.

 

Kiyosaki’s hard stance towards fiat currency is not new, with the famous author repeatedly criticizing the US dollar, labelling it a dying currency that has been inflated by government spending and central bank manipulation. His financial philosophy is rooted in Austrian economics and personal sovereignty, supporting assets that cannot be debased or controlled by the political elites.

He has always argued in favor of precious metals like gold and silver, even before he became a Bitcoin proponent. He believes that the assets are the best bets against inflation and the key to long-term generational wealth accumulation through economic cycles. “Don’t work or save fake money,” he advised. He has also repeatedly warned against putting funds in exchange-traded funds (ETFs), urging users to go for only direct ownership. “Get on your own decentralized gold, silver, and Bitcoin standard,” he added.

Kiyosaki says Bitcoin is the best bet in trade turmoil

Earlier this week, Kiyosaki posted a tweet detailing how major Japanese firms are adjusting their plans regarding the sales and production of their cars in the United States. Notably, the post concerns Toyota, Honda, and Nissan, with Nissan and Honda, in particular, canceling their plans for part of their automobile production in the United States. These firms are canceling things because of the tariffs imposed by United States President Donald Trump against China.

Trump’s tariffs against imports from China have hit about 145%, with China also mirroring the same tactic against goods coming into the country from the US. In his post, Kiyosaki mentioned that people should be prepared for one of the biggest market crashes, urging them to purchase Bitcoin. “Regardless, gold, silver, and Bitcoin are still your defense in this global war caused by greed, insanity, and fear,” he said.

Meanwhile, Kiyosaki is still not holding back about his predictions about the price of Bitcoin, with the author mentioning last month that the premier token could hit $1 million by 2035 as the US dollar continues to lose value as a result of the inflationary monetary policies. “I strongly believe, by 2035, that one Bitcoin will be over $ 1 million, gold will be $30,000, and silver $3,000 a coin,” he said.

Kiyosaki is not the only one with such confidence, with ARK Invest CEO Cathie Wood saying that she sees Bitcoin hitting $1.5 million in 2030 should the demand for the asset rise. Eric Trump also predicted that the asset could hit $1 million very soon due to its scarcity. He said this while delivering a keynote speech at the Bitcoin MENA event in Abu Dhabi, United Arab Emirates (UAE). Meanwhile, Bitcoin is currently trading at $103,469 as of press time, up by 0.5% in the last 24 hours and by 7.8% in the past week.

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