Robert Kiyosaki, the well-known creator of “Wealthy Dad Poor Dad”, is making headlines once more along with his criticism of the US greenback. In a current social media put up, he known as the foreign money a “rip-off” and warned in regards to the risks of counting on the normal banking system. As an alternative, he steered that Bitcoin, gold, and silver are higher choices for safeguarding wealth.
Bitcoin Would possibly Be A Rip-off, However The Greenback Is Worse: Kiyosaki
Kiyosaki’s newest assertion bought folks speaking. He admitted that Bitcoin may very well be a rip-off, however added that the US greenback and the banking system are even larger ones. He believes that the Federal Reserve, which controls the cash provide, performs a serious function in protecting folks trapped in a damaged system.
In his view, central bankers—whom he refers to as “banksters”—are liable for monetary instability. He accused them of mismanaging cash and receiving authorities bailouts whereas peculiar folks endure the implications.
Is BITCOIN a SCAM?
It may be….
However not a giant a rip-off because the US Greenback and the US Banking System…. Beginning with the Fed.
They’re BANKSTERS.
For instance…. After they F. U. and lose billions…. The criminals on the Fed bail them out. They need to go to jail.
That’s…
— Robert Kiyosaki (@theRealKiyosaki) March 1, 2025
US Debt And Inflation Are A Main Concern
One other massive challenge for Kiyosaki is inflation. He has been warning for years that rising US debt will result in greater costs and a weaker greenback. The federal government’s rising monetary troubles, he says, will solely make issues worse.
That’s why he retains pushing for various investments. Bitcoin, gold, and silver, he believes, supply safety towards the dangers of a failing foreign money. These property, he says, can maintain their worth over time, whereas the greenback retains shedding buying energy.
Kiyosaki Advises Holding Bitcoin, Not ETFs
Kiyosaki additionally has sturdy opinions on Bitcoin exchange-traded funds (ETFs). Whereas some buyers see ETFs as a simple method to get publicity to Bitcoin, he disagrees. He believes it’s a lot safer to personal Bitcoin instantly relatively than by means of an funding product managed by monetary establishments.
His reasoning is straightforward—when you don’t personal the precise asset, you don’t have full management. If one thing goes improper with the ETF supplier, buyers may face losses they didn’t count on. For Kiyosaki, direct possession is the one method to go.
Many Buyers Share His Issues
Kiyosaki’s concepts could appear far-fetched, however he’s not the one one who worries about them. Lots of people don’t belief the federal government or central banks with their cash. Inflation is consuming away at financial savings, and individuals are shedding religion in normal banking.
Bitcoin is changing into increasingly more widespread, particularly amongst individuals who see it as a method to defend their cash. A variety of buyers are being attentive to Kiyosaki’s warnings in regards to the US greenback, even when some don’t agree with him.
Featured picture from Avira, chart from TradingView
