Robert Kiyosaki, author of the well-known book 'Rich Dad Poor Dad', shares his thoughts on the current financial situation and the need for investment diversification.
Critique of the Dollar and its Stability
In a recent social media post, Kiyosaki used the proverb 'Don’t teach pigs to sing' to mock those who do not consider holding their wealth in cash, which he refers to as a 'fake' store of value. He emphasized that many who keep their savings in dollars ignore his advice to diversify, reflecting a growing disconnect between inflation rates and financial awareness.
Support for Bitcoin as an Alternative Asset
Kiyosaki stated that the U.S. dollar has lost a significant portion of its purchasing power since his youth. He associated this loss with everyday price increases, particularly in essential goods like food, and criticized the public's failure to make the connection. In his post, he reiterated his belief in Bitcoin as a hedge and mentioned a recent BTC purchase, asserting that risking now is better than missing out if Bitcoin hits $1 million in the next decade.
Kiyosaki's Concluding Remarks
For Kiyosaki, Bitcoin is not merely a bet but a statement against an outdated financial system that rewards debt and punishes savers. He added that even if this gamble fails, the lessons learned from such an approach would still be valuable.
Robert Kiyosaki's statements highlight the importance of a conscious investment approach and the need to critically evaluate traditional financial instruments like the dollar.
