Robert Kiyosaki, a renowned entrepreneur and author, shared his insights on the growing significance of Bitcoin under current US economic conditions.
Kiyosaki on Bitcoin and 'Fake US Dollars'
Kiyosaki revealed that he has been investing in 'real money' — gold and silver — for a long time. He stated that he owns 'tons of gold and silver' and started buying his own gold and silver mines back in 1985. He stressed that US dollars are not currently backed by anything, noting that the gold standard was removed. In addition to this, Kiyosaki mentions that he also saves 'digital gold' — Bitcoin.
Criticism of US Economic Policy
Kiyosaki criticized the current US economic policy, targeting Janet Yellen and the Federal Reserve, who he compared to the 'poor dad' character from his book, symbolizing a lack of financial literacy and poor economic management.
Advice on Investing in Gold, Silver, and Bitcoin
Kiyosaki suggests, given the current US economic conditions, that it’s important to invest in coins monthly — whether it is gold, silver, or Bitcoin. He advises choosing one coin, setting a monthly goal, and sticking to it diligently.
In Robert Kiyosaki's view, given economic instability, investing in precious metals and cryptocurrency should be considered as a means to protect one's assets.
