Rich Dad Poor Dad author Robert Kiyosaki believes that the world is in trouble amid a financial system that runs on inflation and currency debasement.
Kiyosaki tells his 2.6 million followers on the social media platform X that the United States has a history of devaluing its currency at the expense of Americans saving their wealth in the dollar.
The best-selling author refers to the dollar as “fake money,” highlighting that the government can always print more out of thin air.
“I stopped trusting my government in 1965 when I noticed our silver coins were now alloys of cooper.
In 1971, President Nixon continued the theft of our wealth via our money, when Tricky Dicky Nixon took the US dollar off the gold standard…
If you do not [like] being ‘bent over’ and your wealth stolen via your fake money…. Keep being ignorant, working hard for fake money, and continue listening to financial planners who will tell you what to do with your fake money.”
Kiyosaki calls on investors to instead store their wealth in scarce assets like gold, silver and Bitcoin (BTC). He notes that investing in these three commodities can save people in the event of a severe financial crisis.
“THANK YOU gold, silver and Bitcoin HODLERS…
Today the best assets for your money are real gold, silver, and Bitcoin.
The world is about to crash financially.
Please take care.”
Last month, Kiyosaki said he plans to accumulate about 100 BTC regardless of price. He notes that he’s comfortable trading his dollars for “real money” like BTC despite Bitcoin’s rising prices.
“Today I own 73 whole Bitcoins.
A year from now, I intend to own 100 Bitcoin, regardless of price.”
At time of writing, Bitcoin is worth $97,222.
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: DALLE3
