Bitcoin News and Finance Robert Kiyosaki’s Advice: Get Into Bitcoin Now ‘Before It’s Too Late’ Skip to main content

Robert Kiyosaki’s Advice: Get Into Bitcoin Now ‘Before It’s Too Late’

Robert Kiyosaki's Advice: Get Into Bitcoin Now 'Before It's Too Late'

Rich Dad Poor Dad author Robert Kiyosaki has advised investors to get into bitcoin and ditch fiat money now “before it’s too late,” reiterating that workers and savers in U.S. dollars are losers. Kiyosaki has made a number of bullish predictions about the price of bitcoin, ranging from $135,000 in the near term to $1 million.

Robert Kiyosaki Recommends Getting Into Bitcoin Now

The author of Rich Dad Poor Dad, Robert Kiyosaki, has reiterated his recommendation of gold, silver, and bitcoin while advising investors to ditch fiat currency. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

The famous author wrote on social media platform X Saturday that gold has reached a new high. Noting that workers and savers are losers, he urged them to “get out of fake money system” and immediately get into gold, silver, and bitcoin “before it’s too late.”

Robert Kiyosaki's Advice: Get Into Bitcoin Now 'Before It's Too Late'

Kiyosaki often refers to fiat money as “fake money.” He previously explained that “the U.S. dollar became fake money” when President Richard Nixon removed it from the gold standard in 1971. “This is because rather than being tied to real money,” such as gold, “it was tied to the ‘full faith and credit’ of the United States,” the Rich Dad Poor Dad author described. In contrast, he calls gold and silver God’s money while bitcoin is “people’s money.”

Earlier this month, he stressed that fiat money isn’t safe, urging investors to protect themselves from central bankers. The renowned author has said repeatedly that he doesn’t trust the Federal Reserve, the Biden administration, and Wall Street, warning that the Fed and the Treasury are destroying the U.S. dollar.

He previously predicted that people who own gold, silver, and bitcoin will get richer when the Federal Reserve prints trillions of dollars, emphasizing: “Fake money savers will be the biggest losers.” In September last year, he stated: “Today, U.S. debt in 100s of trillions. Real inflation is 16%, not 7%. Fed raising interest rates will destroy U.S. economy. Savers will be biggest losers. Invest in real money. Gold, silver & bitcoin.”

Earlier this month, he reminded investors of Rich Dad’s first lesson that the rich don’t work for dollars. “The rich do not want jobs or fake paper assets. The rich want assets that put real tax-free money in their pockets and they know how to save real assets, gold, silver, bitcoin assets that provide lifelong financial security and freedom,” Kiyosaki explained.

The renowned author has long been recommending gold, silver, and bitcoin. Last week, he said bitcoin is the best protection against hyperinflation. Kiyosaki has made a number of bullish predictions about the price of BTC, ranging from $135,000 in the near term to $1 million in the event of a global economic crisis. He has also predicted that gold could reach $75,000 and silver could reach $60,000 in the same scenario. In February, he projected that the price of bitcoin would reach $500,000 by 2025, while gold could rise to $5,000 and silver could reach $500 within the same timeframe.

What do you think about Rich Dad Poor Dad author Robert Kiyosaki’s advice? Let us know in the comments section below.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Blogarama - Blog Directory