Kiyosaki Shreds Bitcoin ETFs: Are We All Just Banksters Now?

by

It is with a heart heavy with the burdens of ignorance that Robert Kiyosaki, the famed architect of financial wisdom through his tome “Rich Dad Poor Dad,” casts his skeptical gaze upon the ephemeral shadows of the financial world. Oh, dear reader, let us revere the constancy of Kiyosaki’s disdain for the fabrications of Wall Street! He does not merely question the reality of Bitcoin ETFs, he deems them “fake” with an eloquence befitting a Tolstoyan protagonist plagued by moral disillusionment.

As the specter of a long-foretold financial calamity looms—a doom foretold in the pages of his prophetic writings—Kiyosaki warns the unwitting baby boomers, those guardians of fallen fortunes, that the stock market crash he so meticulously predicted may well have arrived, bringing down with it the fragile dreams of their golden years. Alas! Unlike the privileged generation of yesteryears, who nestled securely upon defined benefit pensions, today’s retirees find themselves clinging to the remnants of what remains after the calamity has claimed its toll. A precarious existence, one might rather reserve for a tragic novel.

And here we are, folly incarnate! The crux of Kiyosaki’s lament resides in the lamentable state of financial education—or the utter absence thereof, akin to a ship adrift at sea without a compass. Educational institutions, it seems, have conditioned minds to remain vulnerable to the siren songs of Wall Street. Political machinations swirl like a tempest, and financial products—crafted with the intent of benefitting the institutional elite—are unceremoniously embraced by hapless investors. Result: a cornucopia of uninformed souls entrusting their futures to products that oft lead them into the abyss!

Yet, the question arises—what is to be done?

Fear not, for Kiyosaki proffers wisdom in the form of tangible assets—gold, silver, and Bitcoin being the trinity of salvation. Ah, but let us not forget the jest here, for while he cries foul at the notion of ETFs, claiming ownership of these “fiat symbols” as superficial as a mere whisper of the wind, he advocates gathering the true treasures of the earth, lest one become entrapped within the trappings of a hollow representation of wealth.

Recent days have witnessed the price of Bitcoin descending 1.2%, and the broader cryptocurrency market spiraling downwards by 11.5%, according to CoinGecko. Yet, amidst this tumult, Kiyosaki remains steadfast in his belief that real assets—the glittering gold, the shimmering silver, the genuine Bitcoin that dwells safely in one’s ownership—are the bulwarks against future uncertainty. Even amidst a hurricane of fiscal folly, one must persist, armed with the knowledge that only the genuine shall endure! 🍞

And so, dear reader, as you ponder the veracity of Kiyosaki’s musings, I implore you to grasp that which is tangible, lest you fall prey to the facade of modern finance. Remember, in the grand theater of economics, what is represented on paper may vanish like an illusion before the eyes of the discerning! 😏

Read More

2025-03-09 16:06