Bestselling author of Rich Dad Poor Dad and entrepreneur Robert Kiyosaki explained why he is investing in the first cryptocurrency and encourages others to do the same.
Why I own Bitcoin. Bitcoin is protection against theft of our wealth via our money. Fed Chairman Powell, Treasury Secretary Yellin, and Wall Street bankers steal our wealth via our money, specifically via inflation, taxation, & stock price manipulation. That is why I save…
— Robert Kiyosaki (@theRealKiyosaki) January 31, 2024
“Bitcoin is a protection against theft of our wealth. Chairman Fed [Джером] Powell, Secretary of the Treasury [США Джанет] “Yellen and the Wall Street bankers are stealing our savings through our own money, particularly through inflation, taxes and stock price manipulation,” he said.
The entrepreneur added that for this reason he prefers to keep his savings in digital gold rather than in securities and “fake dollars.”
At the same time, in the recent episode On his own podcast, The Rich Dad Channel, Kiyosaki admitted that he doesn’t understand anything about Bitcoin.
“I just know there are smart people behind it, and thank God I bought it earlier,” the entrepreneur said.
The expert discussed with guests including Miles Franklin CEO Andy Schectman and American Gold Exchange CEO Dan Samuelson the “eternal value” of silver and gold relative to fiat money. Kiyosaki also compared Bitcoin to precious metals in this regard.
In September 2022, he called for buying cryptocurrencies ahead of the “biggest economic crash in history.” In October, the writer recommended investing in Bitcoin and other digital assets amid rising Fed rates.
In February 2023, Kiyosaki predicted Bitcoin would rise to $500,000 by 2025 and called it the best insurance in uncertain times, but warned about price volatility.
In March, the entrepreneur called for investing in digital gold and precious metals before a “crash landing” amid problems with regional American banks. He repeated his recommendations in April and May.
We remind you that after approval SEC spot bitcoin ETF Kiyosaki allowed bitcoin to rise to $150,000 and again called for exchanging “fake dollars” for gold, silver and cryptocurrency.
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