‘Rich Dad Poor Dad’ Author: ‘I Save Bitcoin’

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As a seasoned analyst with a background steeped in finance and economics, I find Robert Kiyosaki’s perspective on Bitcoin and the current economic climate particularly intriguing. Having lived through the 1965 removal of the gold standard from the US dollar, his insights are rooted in a unique life experience that few can claim.

Known entrepreneur and investor, Robert Kiyosaki – famous for writing the bestseller “Rich Dad Poor Dad” and advocating Bitcoin – recently took to Twitter to discuss the increasing relevance of Bitcoin within the current economic climate in the United States.

He shared an investment plan he has been following with his X audience, which includes regular Bitcoin investments.

Kiyosaki on Bitcoin and ‘fake US dollars’

The financial guru Kiyosaki revealed that he has been “hiding real money,” which he calls gold and silver. According to his tweet, he now owns “tons of gold and silver” as in 1985, he also began to buy his own gold and silver mines.

The investor reminded the audience that US dollars are not currently backed by anything, hinting that the gold standard was removed. And now, aside from gold and silver, he also saves digital gold: “I save Bitcoin.”

1965 was a year that opened my eyes. At just 18 years old, I noticed a hint of copper around the edges of our silver coins. It was then that I began to understand that “We The People” were being taken advantage of by our own government.

— Robert Kiyosaki (@theRealKiyosaki) November 28, 2024

As a researcher delving into economic matters, I find myself drawing parallels between the figures leading our nation’s financial institutions and the character of my “poor dad” from my book. Much like him, they seem to lack a deep understanding of financial literacy and appear to rely on an economy that is not effectively managed. Contrastingly, there are those who embody the spirit of my “rich dad,” individuals who not only accumulate wealth but also invest it wisely in profitable assets.

It’s not surprising that Kiyosaki believes “father-like” Yellen and the Federal Reserve have led the U.S. to amass the largest national debt in history. He further comments on the diminishing value of the USD due to this increasing debt, suggesting it may soon be as valuable as toilet paper.

Kiyosaki suggests buying Bitcoin to get richer

Given the present economic climate in the U.S., I personally advocate for investing in coins monthly – whether they’re gold, silver, or Bitcoin. If you’re unsure which to wager on, just “grab one gold coin, one silver coin, or one Bitcoin Satoshi.” Then, I suggest establishing a monthly objective of acquiring the chosen asset and sticking to it consistently.

He suggested on his tweet to pick one investment option among gold, silver, or Bitcoin, establish a monthly savings target, and watch your wealth grow over time.

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2024-11-29 12:48