Rich Dad Poor Dad author Robert Kiyosaki is back with more advice, advocating for gold, silver, and bitcoin as safeguards against the declining value of fiat currencies. His 1997 book, co-authored with Sharon Lechter, has sold over 32 million copies, been translated into 51 languages, reached 109 countries, and maintained a spot on the New York Times Best Seller list for more than six years.
Posting on social media platform X on Friday, Kiyosaki warned of an impending financial divide, stating:
Bitcoin will soon break $100,000. Once bitcoin passes $100,000, it will be almost impossible for the poor and middle class to catch up.
“Once bitcoin breaks $100,000, ONLY the ultra-rich such as corporations, banks, and sovereign wealth funds will be able to afford bitcoin of any consequence,” the Rich Dad Poor Dad author pointed out, adding: “FOMO [fear of missing out] is good. Don’t be left behind.”
Reiterating his distrust of fiat money and traditional financial systems, Kiyosaki advised investing in alternative assets. “Who cares if you like gold, silver, or bitcoin? I care. If you do not know which to own … just buy one gold coin, or one silver coin, or one bitcoin satoshi,” he said, emphasizing the importance of starting with even a small investment.
For long-term wealth building, the famous author advised: “Buy one then set a goal of how many coins you will buy every month.” Kiyosaki highlighted that while quick riches are unlikely, financial acumen grows alongside investments: “You may not get rich quick … but I promise you this … regardless of what coin you choose … gold, silver, or bitcoin … the first thing that will happen to you is you will get smarter and your financial wealth will grow as your financial wisdom grows.”
Criticizing policymakers for undermining currency value, the acclaimed author stressed:
Please stop listening to PhDs, choose one coin, gold, silver, or bitcoin … set a monthly goal … and get richer.
Warning of continued wealth erosion by governments, he concluded: “I care. Please take care of your money because our government leaders are stealing our wealth via our fake money.”