Robert Kiyosaki, who wrote the best-selling book Rich Dad Poor Dad, is once again sounding the alarm. This time, he’s telling people to stay away from traditional fiat currencies and instead buy Bitcoin, gold, and silver. Kiyosaki recently wrote on X (formerly Twitter) that “fake money” issued by governments is becoming more dangerous and that only hard assets can protect you.
Kiyosaki, who has been against central banking and fiat money systems for a long time, said that the US dollar and other paper currencies may soon face a harsh reality because of rising debt, inflation, and geopolitical instability. He wrote, “Paper money is toast.” “The crash is coming.” “Take care of yourself.”
Why Bitcoin Is on His List of Shortlisted Coins
Kiyosaki has always believed in investing in gold and silver, but he is now more interested in Bitcoin as the next step in the evolution of money. He sees BTC as a kind of “people’s money” because it is a limited resource that governments can’t print or devalue whenever they want.
Kiyosaki has said before that Bitcoin could rise to $100,000 or more as fiat currencies lose value. His support makes Bitcoin more popular with traditional investors and financial educators, especially when the economy is uncertain.
The tweet echoes what many hard-money supporters are saying: that a reset of the global financial system may be on the way, and people who only hold fiat assets may be at risk.
Some people say that Kiyosaki’s tone is alarmist, but most people agree that diversifying into other stores of value is a smart move, especially now that interest rates are going up, people are worried about debt, and the markets are unstable.
Also read: What Does the US GENIUS Act Mean for Stablecoins?
