TLDR
- Robert Kiyosaki says fiat is fake and promotes Bitcoin and Ethereum as real money.
- Kiyosaki urges investors to avoid cash savings and buy BTC, ETH, gold, or silver.
- Inflation is hurting the poor while BTC and ETH prices continue to rise, says Kiyosaki.
- Kiyosaki predicts a crash in 2025 and recommends crypto to preserve wealth.
Robert Kiyosaki, author of the best-selling book “Rich Dad Poor Dad,” has once again criticized the U.S. dollar, calling it “fake money.” He raised concerns over rising inflation and monetary policies that he believes are hurting the poor and middle class. Kiyosaki continues to push for investing in real assets like Bitcoin, Ethereum, gold, and silver, instead of relying on fiat currencies.
Kiyosaki Says U.S. Dollar Is “Fake Money”
Robert Kiyosaki has again called attention to what he describes as flaws in the global financial system. Posting on X (formerly Twitter), he referred to government-issued currency as “fake money” and warned of its falling value due to inflation.
He pointed out that while asset prices such as Bitcoin and Ethereum are rising, the cost of living is also increasing. According to Kiyosaki, this situation makes it more difficult for lower-income groups to manage daily expenses, while wealthier individuals benefit from asset inflation.
Kiyosaki said, “The RICH get RICHER… My concern is the price of life… inflation… makes life harder on the poor and middle class.” He warned investors not to rely on fiat savings and urged them to protect their wealth using tangible and digital assets.
Bitcoin and Ethereum as a Hedge Against Inflation
Kiyosaki named Bitcoin and Ethereum alongside gold and silver as “real money.” He encouraged people to shift their focus from traditional currency to these alternatives, which he believes offer better protection from inflation.
He stated that the current monetary system is “broken and corrupt” and serves the interests of the rich. In his view, holding fiat money exposes people to greater financial risk, especially during economic downturns.
This is not the first time Kiyosaki has made these claims. In earlier posts, he referenced the global bond market turmoil as one of the signs of deeper problems in the economy. He said that such financial instability is a warning for people to diversify into assets like cryptocurrencies.
Investors Advised to Shift from Cash to Crypto
Kiyosaki advised people to reduce their exposure to government-issued money. He claimed that fiat currencies are losing value and could be hit hard if the predicted financial crash in 2025 happens.
He said, “Don’t be a victim of a broken and corrupt monetary system.” He believes that saving in fiat is no longer safe and that people should consider storing value in assets that are not controlled by central banks.
His recommendation is not limited to Bitcoin and Ethereum. He also mentioned gold and silver but warned that physical assets are easier to confiscate. In contrast, he noted that Bitcoin cannot be seized easily, making it a more secure option.
Crypto Advocates Share Similar Views
Max Keiser, a known Bitcoin supporter, echoed Kiyosaki’s thoughts. He referred to a 2021 post by Jack Dorsey, former Twitter CEO, who warned that hyperinflation could reshape the global economy.
Keiser argued that the recent performance of gold and Bitcoin is proof that investors are moving away from fiat. He encouraged others to focus on preserving their wealth in Bitcoin rather than debating between crypto and precious metals.
Recently, Bitcoin’s price surged above $126,000 before falling back during a market correction. Despite this pullback, both gold and crypto have remained strong as many investors continue to view them as safe stores of value in uncertain times.
