Robert Kiyosaki Warns of Financial Collapse, Advocates for Bitcoin, Gold, and Silver

Robert Kiyosaki, the author of the bestselling book Rich Dad Poor Dad, has again raised alarms about the state of the global financial system, which he believes is in deep trouble. Speaking to his 2.6 million followers on X, Kiyosaki criticized the U.S. dollar, describing it as “fake money” and warning that the government’s practice of currency debasement is undermining the wealth of ordinary Americans.

The Dollar and Its Devaluation

Kiyosaki highlighted the U.S. government’s long history of devaluing the dollar, pointing to key events such as the removal of silver coins in 1965 and the abandonment of the gold standard in 1971 by President Richard Nixon. He expressed his growing mistrust in the government during these periods, which he views as pivotal moments in the “theft” of American wealth. Kiyosaki asserts that the government’s ability to print money at will means that citizens’ savings are constantly at risk of erosion.

In his message, Kiyosaki told his followers, “If you do not like being ‘bent over’ and your wealth stolen via your fake money… Keep being ignorant, working hard for fake money, and continue listening to financial planners who will tell you what to do with your fake money.”

Advocating for Precious Metals and Bitcoin

Rather than holding wealth in fiat currencies like the dollar, Kiyosaki urges investors to focus on scarce assets such as gold, silver, and Bitcoin. He emphasizes that these assets are reliable stores of value and can protect wealth during times of financial crisis. In a recent post, Kiyosaki thanked gold, silver, and Bitcoin HODLers, acknowledging that these assets are particularly crucial in light of his prediction of an impending financial crash.

Kiyosaki’s message is clear: those who hold real, tangible assets are better prepared for the coming economic turmoil.

Kiyosaki’s Bitcoin Investment Strategy

In line with his advocacy for Bitcoin, Kiyosaki revealed his personal investment strategy. Despite Bitcoin’s rising price, Kiyosaki said he intends to accumulate 100 Bitcoins. As of now, he holds 73 BTC and plans to add more in the future, regardless of price fluctuations. He reiterated his belief that Bitcoin, like gold and silver, represents “real money” in an era of monetary debasement.

“Today I own 73 whole Bitcoins. A year from now, I intend to own 100 Bitcoin, regardless of price,” Kiyosaki stated.

At the time of writing, Bitcoin is valued at $97,222, and Kiyosaki’s commitment to accumulating more demonstrates his belief in Bitcoin’s long-term value, despite its volatility.

The Coming Financial Collapse?

Kiyosaki’s warnings come amid growing concerns about the stability of the global financial system. He predicts that a major financial collapse is imminent, fueled by the irresponsible practices of central banks and governments. According to Kiyosaki, the best way to safeguard wealth in these uncertain times is to invest in assets that cannot be easily manipulated or devalued by governments, such as Bitcoin, gold, and silver.

In summary, Kiyosaki’s stance is clear: the future of wealth preservation lies in scarce, decentralized assets like Bitcoin, not the inflating and devaluing fiat currencies like the dollar. He urges his followers to take action now and protect their assets before the looming financial crisis unfolds.

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FAQs

Why does Robert Kiyosaki criticize the U.S. dollar? Robert Kiyosaki believes that the U.S. dollar is "fake money" due to government practices of currency debasement, such as printing money at will and abandoning the gold standard. He argues that these actions erode the wealth of ordinary Americans and lead to the loss of purchasing power over time.

What assets does Robert Kiyosaki recommend for wealth preservation? Kiyosaki advocates for investing in scarce, tangible assets like gold, silver, and Bitcoin. He believes these assets act as reliable stores of value, especially in times of financial crisis or economic turmoil, protecting wealth from inflation and devaluation.

What is Robert Kiyosaki’s Bitcoin investment strategy? Kiyosaki plans to accumulate 100 Bitcoins, despite market fluctuations. He currently owns 73 BTC and sees Bitcoin as a form of "real money" in an era of monetary debasement. His strategy reflects his belief in Bitcoin's long-term value as a hedge against the potential financial collapse he predicts.

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