According to U.Today, Robert Kiyosaki, a prominent entrepreneur and investor known for his advocacy of Bitcoin and authorship of the book 'Rich Dad Poor Dad,' has recently shared his views on the increasing relevance of Bitcoin in the current U.S. economic climate. In a tweet, Kiyosaki outlined his investment strategy, which includes regular investments in Bitcoin, gold, and silver.
Kiyosaki, who refers to gold and silver as 'real money,' disclosed that he has been accumulating these precious metals since 1985, even owning gold and silver mines. He emphasized the lack of backing for the U.S. dollar, alluding to the removal of the gold standard, and highlighted his preference for saving 'digital gold' in the form of Bitcoin. He expressed amusement at debates between gold and Bitcoin, recalling his early realization in 1965 that the U.S. government was not managing the economy effectively.
Criticizing U.S. Treasury Secretary Janet Yellen and the Federal Reserve, Kiyosaki likened them to the 'poor dad' figure from his book, representing individuals with limited financial literacy who rely on a mismanaged economy. He argued that their policies have led the U.S. to become the largest debtor nation in history, resulting in a devaluation of the dollar. Kiyosaki warned that the purchasing power of the USD is diminishing, suggesting that it may soon become worthless.
In light of these economic conditions, Kiyosaki advised investing in gold, silver, or Bitcoin monthly. He recommended setting a monthly goal to purchase one of these assets, whether it be a gold coin, a silver coin, or a Bitcoin Satoshi, to build wealth. His message underscores the importance of diversifying investments to protect against economic instability.
