๐ซAdvocates for Bitcoin and Hard Assets๐ซ
#Renowned author and financial educator Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has issued a stark warning about an imminent market crash. Using his platform on X (formerly Twitter), Kiyosaki attributed the looming economic turmoil to the Federal Reserve, the Treasury, banks, and Wall Street. He accused these institutions of exacerbating financial instability through excessive reliance on money printing, which he believes only worsens the situation.
๐๐ง๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐๐ฅ๐ญ๐ก ๐๐ข๐ฏ๐ข๐๐๐ฅ
Kiyosaki expressed deep concern over the economic policies that disproportionately benefit the wealthy while eroding the purchasing power of the middle and lower classes. According to him, inflation driven by fiat currency devaluation widens the wealth gap. The rich, who hold tangible assets, continue to grow wealthier, while those who rely on cash savings suffer from diminishing value due to rising inflation and taxes. โWhen fake money is printed, the rich who own real assets get richer, while the poor and middle class grow poorer,โ he stated. Kiyosaki urged people to embrace strategies that protect against inflation, emphasizing the importance of investing in gold, silver, and Bitcoin.
๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐ฌ ๐ ๐๐ก๐ข๐๐ฅ๐ ๐๐ ๐๐ข๐ง๐ฌ๐ญ ๐๐๐จ๐ง๐จ๐ฆ๐ข๐ ๐๐ง๐๐๐ซ๐ญ๐๐ข๐ง๐ญ๐ฒ๐ช๐ฅ
Kiyosaki reiterated his longstanding advocacy for Bitcoin, gold, and silver as essential hedges against economic instability. He emphasized that holding hard assets is far more effective than relying on fiat currency savings during periods of financial uncertainty. Labeling the current economic managers as โidiots,โ he criticized their excessive money-printing strategies, which, in his view, have further destabilized the economy. Kiyosakiโs advice is clear: โLet inflation make you richer, not poorer. Save gold, silver, and Bitcoin.โ
๐ ๐๐จ๐ง๐ -๐๐๐ซ๐ฆ ๐๐๐ญ ๐จ๐ง ๐๐ข๐ญ๐๐จ๐ข๐ง๐ฅ
As a testament to his faith in Bitcoin, Kiyosaki revealed that he owns 73 Bitcoin units and aims to expand his holdings to 100 in the near future. Despite Bitcoinโs current trading value of $97,786.83โsignificantly higher than his initial purchase price of $6,000โhe remains committed to the asset. This commitment underlines his confidence in Bitcoinโs potential to weather economic challenges and serve as a reliable store of value. His stance on hard assets reflects a broader critique of fiat currency and government monetary policy, themes that have defined much of his financial philosophy.
