- Kiyosaki strongly suggested that people put their money into buying Bitcoin, silver, and gold.
- The author has a history of touting Bitcoin as a viable alternative investment.
During times of national financial crisis, Robert Kiyosaki—world renowned author of “Rich Dad Poor Dad”—has recommended Bitcoin and other assets as a hedge.
The well-known author has long advocated for investors to spread their investments, particularly in times of economic crisis. This time, he brought attention to the fact that the national debt has increased by an additional trillion dollars since the beginning of the most recent NFL football season.
Since the start of the latest NFL football season the national debt has gone up another $ trillion. WTF. Please buy more gold, silver, and Bitcoin. Take care. Protect your self from our financially corrupt and incompetent leaders.
— Robert Kiyosaki (@theRealKiyosaki) January 13, 2024
Viable Alternative Investment
As a result, he strongly suggested that people put their money into buying Bitcoin, silver, and gold. He believes this action will shield investors from the “financially corrupt and incompetent leaders” of the country. Kiyosaki has a history of touting Bitcoin as a viable alternative investment that prospers in times of economic uncertainty.
He made a compelling case for purchasing Bitcoin around November 2023, stating that the United States was on the brink of hyperinflation, which may lead to its status as one of the world’s poorest nations. Michael Saylor, another prominent Bitcoin supporter, shares this opinion.
The potential success of Bitcoin as a store of value has not gone unnoticed. As a decentralized cryptocurrency, its value is determined by the people, not by government officials, according to Kiyosaki, who previously explained its unique position. Bitcoin advocates also argue that the cryptocurrency can protect investors from government intervention.
Notable crypto research company Messari recently used the term “Godzilla of Finance” to characterize BTC, highlighting the revolutionary impact that Bitcoin is having on conventional ideas about investing and money.
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