Rich Dad Poor Dad Author Robert Kiyosaki Doubles Down on Bitcoin and Gold, Says Leaders Want War and Poverty
Renowned author and financial educator Robert Kiyosaki, best known for his bestselling book “Rich Dad Poor Dad,” has once again made waves in the financial world with his bold statements on the state of the global economy, his endorsement of cryptocurrencies like Bitcoin, and his advocacy for precious metals like gold. In a recent interview with WebFi, Kiyosaki delved into his views on the current economic climate, the role of leaders, and the importance of alternative assets.
Kiyosaki has long been an advocate for financial education and investing in assets that provide a hedge against economic uncertainty. In his latest interview, he emphasized the importance of diversifying one’s portfolio with assets like Bitcoin and gold. According to Kiyosaki, these alternative investments act as a safeguard against the devaluation of fiat currencies and the potential pitfalls of traditional financial markets.
Bitcoin, the world’s leading cryptocurrency, has gained widespread acceptance as a store of value and a hedge against inflation. Kiyosaki sees it as a means for individuals to protect their wealth in the face of central bank policies that often lead to currency devaluation. Gold, a time-tested precious metal, has been a traditional safe haven for investors seeking stability during times of economic turmoil.
In a departure from traditional financial discussions, Kiyosaki took a strong stance on global leadership, asserting that some leaders actively pursue war and poverty for their own gain. He believes that the world is on the brink of a major economic crisis, and leaders may exploit such situations to consolidate power and wealth.
Kiyosaki argues that traditional financial advice often overlooks the geopolitical factors that can impact global markets. He urges individuals to be vigilant, stay informed, and take steps to protect their financial well-being in the face of potential economic and political turbulence.
During the interview with WebFi, Kiyosaki shared insights on various financial topics:
The Role of Education: Kiyosaki reiterated the importance of financial education, emphasizing that understanding the principles of money and investing is crucial for long-term success.
Cryptocurrency Skepticism: While Kiyosaki has been a vocal supporter of Bitcoin, he remains skeptical of other cryptocurrencies, cautioning investors to thoroughly research and understand the technology behind any digital asset before investing.
Inflation and Debt: Kiyosaki expressed concerns about the growing levels of global debt and the impact of inflation on traditional fiat currencies. He believes that these factors underscore the need for individuals to diversify their portfolios.
Robert Kiyosaki’s recent statements on Bitcoin, gold, and the motivations of global leaders highlight his commitment to empowering individuals with financial knowledge. As the world faces economic uncertainties, Kiyosaki’s advice to diversify and seek alternative investments serves as a timely reminder for individuals to take control of their financial destinies in an ever-changing landscape. Whether his predictions come to pass or not, his message encourages a proactive approach to financial education and strategic investment.
Best-selling finance author Robert Kiyosaki is doubling down on Bitcoin (BTC) and gold, and says governments no longer care about their people.
In a new thread, Kiyosaki tells his 2.4 million followers on the social media platform X that investors should be stockpiling hard assets like BTC to defend themselves.
“I keep buying more gold, silver, and Bitcoin because our leaders want more war and poverty. Work hard, spend wisely, and save gold, silver, and Bitcoin. Our leaders don’t care about you. So you please take care of yourself and the people you love.”
The Rich Dad Poor Dad author goes on to say that central banks are amassing gold, but not to support their fiat currency. Rather, Kiyosaki says they are saving themselves from their own mismanagement.
“Central Banks like [the] Fed are buying gold. Does this mean fiat money is safe? Hell no! Central bankers are saving themselves from their own incompetence, that’s why they buy gold. Their job is to protect the banks, not you. Get smart. Protect yourself from central bankers: save gold, silver, and Bitcoin.”
Kiyosaki also explains that the rich prefer tax-free assets over fiat currencies as money is designed to be debased through various means.
“The rich don’t work for cash. Why? Because our wealth is designed to be stolen from our fake money via taxes and inflation and the stock market. Instead the rich work for assets that put tax-free money in their pocket…cash-flow assets such as rental properties, oil and food production.
Rather than save fake cash, the rich save gold, silver and Bitcoin. The poor and middle class want jobs that promise a steady paycheck but offer no job security.
Even worse, the poor and middle class work at jobs that pay [a] taxable fake cash income, and then they save fake cash and invest in stocks, bonds, mutual funds, and ETFs (exchange-traded funds) which are crashing as I write this text.”
At time of writing, Bitcoin is worth 36,852.
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