Urgent: Robert Kiyosaki Warns Ditch Fiat Money For Bitcoin, Gold, Silver
Are you holding onto traditional cash while assets like Bitcoin are making headlines? Financial educator Robert Kiyosaki, author of Rich Dad Poor Dad, is once again urging people to abandon what he calls ‘fake money’ – referring to fiat currency – in favor of tangible and decentralized assets like Bitcoin, gold, and silver.
Why Robert Kiyosaki Rejects Fiat Money
Robert Kiyosaki is a vocal critic of centralized monetary systems, particularly the actions of central banks like the Federal Reserve. He argues that printing more money and setting interest rates artificially (a practice he likens to ‘price fixing’) devalues currency over time, eroding personal wealth. This perspective aligns with Austrian economics, which favors sound money over managed currencies.
Kiyosaki contends that this ‘fake money’ system leads to broader societal issues, including dishonest statistics, accounting, and ultimately, corruption. He sees it as a system that undermines economic freedom and stability for the average person.
Embracing Bitcoin, Gold, and Silver as Alternatives
Instead of saving or working for what he considers devalued fiat money, Kiyosaki advocates for a personal standard based on decentralized assets. He specifically names Bitcoin (BTC), gold, and silver as essential tools for wealth preservation and accumulation across economic cycles.
These assets, he argues, cannot be easily manipulated or debased by governments or central banks. They represent bearer assets – meaning whoever holds them owns them directly, without relying on a third party. Kiyosaki sees them as critical hedges against inflation caused by expansionary monetary policies.
Predictions for Bitcoin and Precious Metals
Kiyosaki is not just advising; he’s making bold predictions. He forecasts a significant rise in the value of his preferred assets in the coming years. In an April 2024 post, he stated his belief that by 2035, one Bitcoin could exceed $1 million. He also predicted gold reaching $30,000 per ounce and silver hitting $3,000 per ounce by the same year.
His view on Bitcoin’s potential isn’t isolated. Other notable figures have shared similar high price targets, citing factors like increasing demand and scarcity. This growing sentiment among investors and commentators underscores the shift in perception regarding digital assets and precious metals in the current economic climate.
Taking Action Against ‘Fake Money’
Kiyosaki’s message is clear: fight back against what he sees as a flawed financial system by opting out of reliance on fiat money. He encourages individuals to take control of their financial future by acquiring and holding assets like Bitcoin, gold, and silver.
This strategy is presented not just as a way to get rich, but as a necessary defense against wealth erosion caused by central bank policies and government spending. It’s a call to action for financial sovereignty in an era of economic uncertainty.
Summary
Robert Kiyosaki remains a staunch critic of fiat currency, labeling it ‘fake money’ that is being devalued by central bank actions. He strongly recommends that individuals protect their wealth and achieve long-term financial security by investing in decentralized assets like Bitcoin, gold, and silver. His bold price predictions highlight his conviction in the future value of these alternatives compared to traditional currencies.
