Robert Kiyosaki bets big on Bitcoin slamming Fed, Treasury, and Biden ‘liars'
Robert Kiyosaki, the renowned author of the personal finance book, “Rich Dad Poor Dad,” recently announced a bold investment move on Twitter: he is betting on Bitcoin (BTC). Kiyosaki claimed that the world's largest cryptocurrency by market capitalization is “up over 100% a year,” and he thinks that this trend will continue. 🚀
But why is he so bullish on Bitcoin? And what are the other real assets that he likes? In this article, we will explore Kiyosaki's views on Bitcoin, gold, silver, and the economy. We will also provide some insights on how you can follow his advice and protect your wealth in these uncertain times. 😎
Why Kiyosaki invests in Bitcoin
Kiyosaki's decision to invest in Bitcoin is based on his mistrust of the Fed, Treasury, and the Biden administration, which he views as “liars” whose policies could lead to economic instability in the future. He believes that investing in Bitcoin, gold, and silver is a way to protect against inflation and safeguard one's wealth. 💰
“Bitcoin up over 100% in a year. Will Bitcoin keep going UP? I'm betting on it. I am buying more gold and silver. Why buy more Gold, Silver, BC? Because Fed, Treasury, and Biden are liars,” Kiyosaki tweeted on April 17.
Kiyosaki believes in bitcoin for the same reason he loves precious metals: a distrust in our fiat money system and the government. “I bet against the Fed, Treasury, Biden, & bet on [gold], [silver], & Bitcoin,” he explains.
He also thinks that Bitcoin has a lot of room to grow as more people adopt it as a store of value and a medium of exchange. He predicts that Bitcoin could reach $1.2 million in five years. 🤑
Why Kiyosaki invests in gold and silver
Precious metals — particularly gold and silver — have been a popular hedge against inflation and uncertainty. They can't be printed out of thin air like fiat money and their value is largely unaffected by economic events around the world.
Kiyosaki has long been a fan of gold — he first purchased the yellow metal in 1972. “I'm not buying gold because I like gold, I'm buying gold because I don't trust the Fed,” he said in an interview last year.
Kiyosaki likes silver, too. In fact, he tweeted “Silver best investment in Oct 2022” and “Everyone can afford $20 silver.” He sees silver as an undervalued asset that has many industrial uses and could benefit from the green energy revolution.
To be sure, precious metals weren't immune to the sell-off that was happening in 2022. That being said, both metals are showing promise so far in 2023 with gold and silver both up around 5% over the past three months. ✨
Why Kiyosaki warns of an economic tsunami
Kiyosaki is not optimistic about the state of the economy. He warns that the economy is the “biggest bubble” in history and that a crisis is looming over the financial markets.
The “Rich Dad” author blames the actions of the central banks and the government for creating this bubble. He says that they have been printing too much money, stimulating too much demand, and inflating asset prices to unsustainable levels.
He also criticizes President Joe Biden's executive order on crypto, “Ensuring Responsible Development of Digital Assets.” He likens it to the dystopian vision of the future depicted in George Orwell's “1984.” He fears that the government will try to control and regulate crypto assets to protect their own interests.
Kiyosaki advises investors to dump paper assets — such as stocks, bonds, ETFs or mutual funds — and buy real assets — such as Bitcoin, gold, silver or real estate — instead. He says that these assets will help them survive the coming crash and preserve their purchasing power.
The Bottom Line
Robert Kiyosaki is a millionaire, successful businessman and public speaker who inspires people around the world to pursue their goals. His fortune exceeds $80 million and continues to grow. 🙌
He is also known for his service in the Vietnam war. He was the helicopter gunship pilot, and for that role, he won a medal as well. 🏅
Robert Kiyosaki was only 47 at the time but experienced such growth that in only nine years he became a multi millionaire. 💯
If you want to learn more from him and follow his advice, you can check out his books, podcasts, and social media channels. He shares valuable insights on personal finance, business investing, and cryptocurrency. 📚
Don't miss this opportunity to learn from one of the best in the industry. Robert Kiyosaki can help you achieve your financial goals and secure your future. 💸
