- Robert Kiyosaki urges individuals to save lots of Bitcoin, gold and silver as a substitute of pretend fiat currencies.
- This investor shares considerations concerning the lack of economic literacy amongst public leaders.
- Kiyosaki reiterated his bullish perception in Bitcoin, including that fiat traders are losers.
Robert Kiyosaki, a cryptocurrency investor identified for his monetary training e-book “Wealthy Dad Poor Dad,” lately reiterated his optimistic view of Bitcoin. In his newest X put up, Kiyosaki appealed to the general public to retailer “actual” Bitcoin, gold and silver as a substitute of “pretend” fiat currencies.
Kiyosaki raised the chance that Bitcoin may change into a “rip-off” or a “pyramid scheme.” Nonetheless, he added, “Bitcoin, just like the US greenback, euro, yen, and different 'pretend' or fiat currencies, shouldn’t be a rip-off or a Ponzi scheme.” He highlighted the shortage of curiosity in fiat currencies and claimed that these currencies are a “big Ponzi scheme”.
Mr. Kiyosaki additionally shared considerations concerning the lack of economic literacy amongst political leaders. He says America's political, banking and monetary leaders are incompetent and corrupt. He added that the leaders had exploited America and the complete world, claiming:
Our leaders do not know the right way to management the rising US authorities debt, the US bond market, and the over-inflated inventory market… Will they resign, be fired, or be impeached? , ought to be jailed. Everybody ought to have their faculty tuition refunded. Clearly, they didn't be taught something about cash, ethics, honesty, or morality at school.
Echoing recommendation from Wealthy Dad, Poor Dad, Kiyosaki inspired his followers to take a position and save in Bitcoin. He repeated the identical sentence from the primary textual content, writing, “Those that save (pretend cash) are losers.”
Nonetheless, the identical investor additionally harassed the chance that Bitcoin may go to zero like different fiat currencies. Reportedly, 1000’s of “pretend” currencies have been demonetized to this point. Earlier than concluding his put up, Kiyosaki beneficial looking for monetary recommendation from key figures corresponding to Lar Paul, Lawrence Leppard, Jeff Sales space, Mark Moss, and Anthony Pompliano.
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