Robert Kiyosaki, author of the renowned personal finance book 'Rich Dad Poor Dad,' commented on Bitcoin, comparing it to gold and silver as a long-term asset.
Kiyosaki on Bitcoin and Precious Metals
Kiyosaki states that Bitcoin is no different from gold and silver, viewing them as assets to buy and hold for the long term. He emphasizes that Bitcoin should be seen not as a tool for short-term trading but as a means to store value.
Long-Term Accumulation Strategy
Kiyosaki advises buying gold, silver, and Bitcoin with no intent to sell them soon. According to him, this 'accumulate and hold' strategy serves to protect wealth from the declining reliability of fiat currencies due to inflation, rising debt, and government mismanagement.
Critique of Financial Education and Advice
Kiyosaki repeats his criticism of some financial experts, whom he believes mask their trading interests as financial advice. He notes that his comments about Bitcoin exceed marketing or educational products, representing his personal strategy for accumulation.
In his statements, Kiyosaki emphasizes the importance of holding assets such as Bitcoin, gold, and silver as a safeguard against the instability of traditional currencies.
