Robert Kiyosaki, the well-known writer of “Wealthy Dad Poor Dad”, is making headlines once more together with his criticism of the US greenback. In a current social media submit, he referred to as the foreign money a “rip-off” and warned concerning the risks of counting on the normal banking system. As a substitute, he advised 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 received 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 maintaining folks trapped in a damaged system.
In his view, central bankers—whom he refers to as “banksters”—are accountable for monetary instability. He accused them of mismanaging cash and receiving authorities bailouts whereas peculiar folks endure the results.
Is BITCOIN a SCAM?
It is likely to be….
However not an enormous a rip-off because the US Greenback and the US Banking System…. Beginning with the Fed.
They’re BANKSTERS.
For instance…. Once 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 large subject for Kiyosaki is inflation. He has been warning for years that rising US debt will result in increased 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 different investments. Bitcoin, gold, and silver, he believes, provide safety towards the dangers of a failing foreign money. These belongings, he says, can maintain their worth over time, whereas the greenback retains dropping buying energy.
Kiyosaki Advises Holding Bitcoin, Not ETFs
Kiyosaki additionally has sturdy opinions on Bitcoin exchange-traded funds (ETFs). Whereas some traders see ETFs as a simple solution to get publicity to Bitcoin, he disagrees. He believes it’s a lot safer to personal Bitcoin instantly reasonably than via an funding product managed by monetary establishments.
His reasoning is easy—when you don’t personal the precise asset, you don’t have full management. If one thing goes incorrect with the ETF supplier, traders might face losses they didn’t anticipate. For Kiyosaki, direct possession is the one solution to go.
Many Buyers Share His Considerations
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 persons are dropping religion in customary banking.
Bitcoin is turning into an increasing number of widespread, particularly amongst individuals who see it as a solution to shield their cash. A number of traders are being attentive to Kiyosaki’s warnings concerning the US greenback, even when some don’t agree with him.
Featured picture from Avira, chart from TradingView
