Rich Dad Poor Dad Author Robert Kiyosaki Urges Investors to Save Bitcoin Instead of 'Fake Money' Fiat Currencies

Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, shared his strong view on bitcoin and its role in the modern financial landscape on social media platform

Robert Kiyosaki, author of the personal finance book "Rich Dad Poor Dad," has once again shared his bullish views on bitcoin and its role in the modern financial landscape. In a recent post on social media platform X, Kiyosaki urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He also highlighted former U.S. President Donald Trump’s endorsement of bitcoin and predicted a major economic shift favoring bitcoin, gold, and silver.

Robert Kiyosaki’s Bitcoin Endorsement and Economic Predictions

Robert Kiyosaki, renowned for his best-selling book "Rich Dad Poor Dad," shared his strong stance on bitcoin and its significance in a recent post on social media platform X. The author's insights come amid increasing attention toward the cryptocurrency and its role in the modern financial landscape.

"Money is a fascinating topic. Everyone in the world today uses money … whether or not they earn it," Kiyosaki began. He noted, however, that family wealth can be greatly influenced by financial literacy, adding:

"If you are born into a rich family … you may be lucky … yet history shows many family fortunes are gone by the third generation."

Kiyosaki went on to criticize the historical decision to take the dollar off the gold standard, arguing that this move, coupled with a lack of financial education in schools, has led many people to "work for and save counterfeit … a.k.a. fiat … a.k.a. FAKE money." He stressed the importance of recognizing this issue, especially in light of the widening gap between the rich and the poor.

"People working for ‘Fake Money’ is one of the main reasons for the growing gap between the rich and the poor," he wrote. "Don't be a sucker. Stop working for and saving ‘Fake Money.’"

The author then shifted his focus to former U.S. President and Republican presidential nominee Donald Trump. "At the Bitcoin Conference recently, President Donald Trump, who I've written two books with, promoted bitcoin and silver as 'smart money,'" Kiyosaki noted. He urged investors to follow suit, advising them to "get smarter and save gold, silver, and bitcoin."

Kiyosaki has consistently recommended gold, silver, and bitcoin as valuable assets for investors. In recent months, he has predicted an economic crash followed by a major bull market, with bitcoin potentially reaching $10 million per coin, gold $15,000 an ounce, and silver $110 an ounce. He attributes this forecast to declining trust in fiat currencies and historical trends. The author has also advised abandoning the U.S. dollar, which he labels as fake money, and investing in bitcoin before its price sharply increases. Last month, he predicted that gold will rise to $3,300 an ounce, silver to $79 an ounce, and bitcoin to $105,000 per coin by August next year if Trump wins the November presidential election.

What do you think about Robert Kiyosaki’s view on bitcoin and the future of the economy? Let us know in the comments section below.

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