Robert Kiyosaki Hails Bitcoin for Upholding Financial Integrity Amidst Fiat Critique

Robert Kiyosaki Thanks Bitcoin

In a recent statement on social media platform X, Robert Kiyosaki, the acclaimed author of "Rich Dad Poor Dad," credited Bitcoin for challenging the U.S. dollar and reinstating integrity in the realm of money. The bestselling book, co-authored by Kiyosaki and Sharon Lechter in 1997, has enjoyed over six years on the New York Times Best Seller List and sold over 32 million copies worldwide.

Kiyosaki expressed his gratitude, saying, "Thank you, Bitcoin, for doing your job … kicking the fake U.S. dollar’s butt and bringing integrity back to money."

Bitcoin's Price Projection

Known for his recent vocal advocacy for Bitcoin, Kiyosaki predicts the cryptocurrency's price to surge to $100,000 by June. He remains undeterred by potential price drops, considering them as buying opportunities. While anticipating growth for Bitcoin and silver, he forewarns of a significant decline in gold prices, possibly dropping below $1,200.

Strategic Moves and Bitcoin Endorsement

Following the U.S. Securities and Exchange Commission's (SEC) approval of spot Bitcoin exchange-traded funds (ETFs), Kiyosaki reportedly increased his Bitcoin holdings. He encourages investors to explore both Bitcoin and Bitcoin ETFs, emphasizing the significance of the upcoming Bitcoin halving.

Consistent Fiat Critique

Consistently critical of fiat currencies, especially the U.S. dollar, Kiyosaki deems them as "fake money." He draws a sharp contrast, referring to gold and silver as "God's money" and hailing Bitcoin as "people's money." His advocacy for Bitcoin intensified in the face of the perceived risks associated with fiat, urging investors to safeguard their assets from central banks.

A Visionary's Warning

In January, Kiyosaki issued a warning about the escalating U.S. national debt, advising investors to consider Bitcoin as a potential safeguard. Predicting a global economic downturn and the potential collapse of the American empire, he draws parallels with the fall of the Roman Empire.

As Kiyosaki continues to champion Bitcoin as a protective measure against wealth erosion caused by institutional forces, his outspoken support sparks conversations about the future dynamics of currency and finance.