- Robert Kiyosaki warns about political shifts, recommending real assets over fiat currency.
- The author cites Bitcoin’s 21 million supply limit as reason for accelerating buying pressure.
- Kiyosaki says inflation makes life harder for the poor and middle class under the current system.
“Rich Dad Poor Dad” author Robert Kiyosaki has issued warnings about political and economic trends while recommending specific assets for financial protection. In a recent post, Kiyosaki expressed concerns about policy directions in major U.S. cities.
The author referenced rent control policies and described them as measures that transfer property control from owners to tenants across multiple generations. Kiyosaki called such policies harmful to property owners and connected them to broader economic philosophies he opposes.
Bitcoin scarcity drives investment thesis
Kiyosaki emphasized the importance of financial education and asset selection in protecting wealth. He recommended gold, silver, Bitcoin, and Ethereum as alternatives to government-issued currency. The author described precious metals as “God’s money” and cryptocurrencies as “the People’s money.”
In an earlier October post, Kiyosaki explained his rationale for buying Bitcoin. He highlighted the cryptocurrency’s fixed supply of 21 million tokens as its defining characteristic. He stated,
The author suggested that fear of missing out will become a driving force as Bitcoin’s supply approaches its maximum limit. He urged readers not to delay their entry into the cryptocurrency market.
Kiyosaki also addressed concerns about inflation and its impact on different economic classes. “While I am personally happy gold, silver, Bitcoin, Ethereum are going up… My concern is the price of life… AKA… inflation… makes life harder on the poor and middle class,” he wrote.
Government currency criticized as “fake money”
The author characterized government-issued currency as “fake money” that contributes to wealth inequality. According to Kiyosaki, the current monetary system makes the rich richer while making the poor poorer. He urged readers to avoid becoming victims of what he described as a broken and corrupt monetary system.
“Please save real money… Gold, silver, Bitcoin, Ethereum… not Fake government Money,” Kiyosaki stated. His investment philosophy centers on assets with inherent scarcity or utility rather than fiat currencies subject to unlimited issuance.
Kiyosaki’s perspective on Bitcoin has remained consistent over recent years. He has emphasized the cryptocurrency’s fixed supply as a fundamental advantage over government currencies. His inclusion of Ethereum alongside Bitcoin suggests recognition of multiple cryptocurrency use cases beyond simple scarcity.
Related: https://coinedition.com/extreme-fear-grips-crypto-market-as-bitcoin-whales-sell-600-million/
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Source: https://coinedition.com/rich-dad-author-warns-against-fake-government-money-recommends-btc-and-metals/
