Robert Kiyosaki Urges Taking Action and Buying Bitcoin
Renowned author Robert Kiyosaki has been vocal about his concerns regarding the global economy and his support for alternative assets like silver, gold, and Bitcoin (BTC). With BTC currently hovering around $38,000, Kiyosaki is once again urging investors to take action.
Kiyosaki suggests that if you cannot directly invest in BTC, you should consider buying the Bitcoin exchange-traded fund (ETF) as it awaits approval. In a recent tweet, he emphasized the importance of acting now:
“CARDBOARD BOX INDEX crashing. Shoppers stopped shopping. That means global economy slowing to possible Depression. Treasury and Fed to print trillions in fake dollars to replace shoppers. Buy gold, silver, Bitcoin. Gold price rising. Silver still cheap approx $35 an ounce. Or Buy Bitcoin ETF. Don’t be caught sleeping like most Americans. Take action now.”
Kiyosaki also highlights the soaring price of gold and the detrimental impact on workers and savers who stick with fiat currencies. He advises individuals to move away from the “fake money system” and invest in assets like gold, silver, and Bitcoin before it’s too late.
Distrust of Fed and Dollar
Kiyosaki has long expressed skepticism towards fiat currencies, particularly the dollar, as well as governments and central banks that prioritize banks over ordinary citizens.
He argues that while the middle class saves their money in dollars, the rich accumulate assets other than fiat currency, which ultimately leads to their wealth growth. Kiyosaki asserts that inflation makes the poor and middle class poorer because they save dollars, while it benefits the rich who save assets like gold, silver, and Bitcoin.
In July, he further criticized the dollar and predicted a crash in the US stock market and government bonds, while anticipating that Bitcoin would reach $120,000.
Hot Take: Robert Kiyosaki Stresses the Importance of Investing in Alternative Assets
Robert Kiyosaki, author of Rich Dad, Poor Dad, continues to advocate for alternative assets such as gold, silver, and Bitcoin. He warns that the global economy is facing a potential depression and urges individuals to take action by investing in these assets or considering the Bitcoin ETF. Kiyosaki believes that accumulating dollars only leads to poverty for workers and savers, while assets like Bitcoin offer long-term protection. With his ongoing distrust of fiat currencies and institutions like the Fed, Kiyosaki’s advice serves as a reminder to diversify your portfolio and secure your financial future.
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