Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He criticized the historical decision to take the dollar off the gold standard and the education system for not teaching about money. Kiyosaki also noted former U.S. President Donald Trump’s endorsement of bitcoin and predicted a major economic shift favoring bitcoin, gold, and silver.
Robert Kiyosaki Urges Investors to Save Bitcoin as Smart Money, Highlighting Trump's BTC Endorsement
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Robert Kiyosaki’s Bitcoin Endorsement and Economic Predictions
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, shared his strong view on bitcoin and its role in the modern financial landscape on social media platform X on Sunday. Rich Dad Poor Dad, co-authored by Kiyosaki and Sharon Lechter in 1997, has been on the New York Times Best Seller List for over six years, selling more than 32 million copies in 51 languages across 109 countries.
“Money is an interesting subject. Everyone in the modern world uses money … regardless if they earn the money or not,” Kiyosaki began. However, he noted:
If you are born into a rich family … you may be lucky … yet history shows many family fortunes are gone by the third generation.
The famous author explained: “In 1971, President Nixon took the dollar off the gold standard and the U.S. Treasury and Federal Reserve Bank began counterfeiting money.” He stressed: “The problem is, due to our schools not teaching anything about money or taxes … 90% of the people today work for and save counterfeit … a.k.a. fiat … a.k.a. FAKE money.”
He warned: “People working for ‘Fake Money’ is one of the primary reasons why the gap between rich and poor grows. Don’t be a loser. Stop working for and saving ‘Fake Money.’”
He proceeded to talk about former U.S. President and Republican presidential nominee Donald Trump. “Recently, President Donald Trump, with whom I have written two books, was at the Bitcoin Conference. Being the financially brilliant man he is … former President Trump endorsed bitcoin and silver as ‘smart money.’” The renowned author urged investors:
Get smarter and save gold, silver, and bitcoin.
Kiyosaki has long been recommending gold, silver, and bitcoin. He recently predicted an imminent economic crash followed by a major bull market, with bitcoin potentially reaching $10 million per coin, gold $15,000 an ounce, and silver $110 an ounce. He attributes this forecast to declining trust in fiat currencies and historical trends. The acclaimed author advises abandoning the U.S. dollar, which he labels as fake money, and investing in bitcoin before its price surges. Last month, he forecasted gold will rise to $3,300 an ounce, silver to $79 an ounce, and bitcoin to $105,000 per coin by August next year if Trump wins the November presidential election.
What do you think about Robert Kiyosaki’s view on bitcoin and the future of the economy? Let us know in the comments section below.
