Robert Kiyosaki, the well-known creator of “Wealthy Dad Poor Dad”, is making headlines once more together with his criticism of the US greenback. In a current social media submit, he referred to as the forex a “rip-off” and warned concerning the risks of counting on the standard banking system. As an alternative, he advised that Bitcoin, gold, and silver are higher choices for safeguarding wealth.
Bitcoin May Be A Rip-off, However The Greenback Is Worse: Kiyosaki
Kiyosaki’s newest assertion received folks speaking. He admitted that Bitcoin might be a rip-off, however added that the US greenback and the banking system are even greater ones. He believes that the Federal Reserve, which controls the cash provide, performs a serious function in preserving folks trapped in a damaged system.
In his view, central bankers—whom he refers to as “banksters”—are liable for monetary instability. He accused them of mismanaging cash and receiving authorities bailouts whereas bizarre folks endure the results.
Is BITCOIN a SCAM?
It is perhaps….
However not an enormous a rip-off because the US Greenback and the US Banking System…. Beginning with the Fed.
They’re BANKSTERS.
For instance…. After they F. U. and lose billions…. The criminals on the Fed bail them out. They need to go to jail.
That’s…
— Robert Kiyosaki (@theRealKiyosaki) March 1, 2025
US Debt And Inflation Are A Main Concern
One other huge concern for Kiyosaki is inflation. He has been warning for years that rising US debt will result in larger costs and a weaker greenback. The federal government’s rising monetary troubles, he says, will solely make issues worse.
That’s why he retains pushing for different investments. Bitcoin, gold, and silver, he believes, provide safety towards the dangers of a failing forex. These belongings, he says, can maintain their worth over time, whereas the greenback retains dropping buying energy.
Kiyosaki Advises Holding Bitcoin, Not ETFs
Kiyosaki additionally has robust opinions on Bitcoin exchange-traded funds (ETFs). Whereas some traders see ETFs as a straightforward technique to get publicity to Bitcoin, he disagrees. He believes it’s a lot safer to personal Bitcoin immediately slightly than by way of an funding product managed by monetary establishments.
His reasoning is easy—should you don’t personal the precise asset, you don’t have full management. If one thing goes flawed with the ETF supplier, traders might face losses they didn’t count on. For Kiyosaki, direct possession is the one technique to go.
Many Traders Share His Considerations
Kiyosaki’s concepts could appear far-fetched, however he’s not the one one who worries about them. Lots of people don’t belief the federal government or central banks with their cash. Inflation is consuming away at financial savings, and persons are dropping religion in customary banking.
Bitcoin is turning into an increasing number of fashionable, particularly amongst individuals who see it as a technique to shield their cash. Quite a lot of traders are listening to Kiyosaki’s warnings concerning the US greenback, even when some don’t agree with him.
Featured picture from Avira, chart from TradingView
