Robert Kiyosaki, businessman and bestselling writer of Rich Dad Poor Dad, again sounds the alarm for the risks of central monetary policy. He asks his followers to offer up what he calls “fake money” and accept alternatives corresponding to Bitcoin, Gold and Silver.
In a position on May 10, Kiyosaki supported a tough attitude against central banking systems, especially the Federal Reserve, and quoted the previous US congress member Ron Paul.
Ron Paul, a protracted -time critic of the FED and writer of End the Fed, described the rate of interest setting of central banks as a “price fixation” and at the identical time the socialist and Marxist economic control.
Paul warned that such mechanisms undermine personal wealth and that the economic freedom is undermined-a feeling that corresponds closely with the various years of concerns from Kiyosakis.
“Fake money results in dishonest money, dishonest statistics, dishonest accounts, dishonest balance, dishonest, dishonest, dishonest, dishonest and corruption in on a regular basis life,” wrote Kiyosaki.
He asked the Americans to “defend” himself by deciding from Fiat systems and as an alternative accepted decentralized value storage corresponding to Bitcoin (BTC) and precious metals.
Source: Robert Kiyosaki
Kiyosaki stays an awesome Fiat critic
Kiyosaki's contempt for the Fiat currency just isn’t recent. He repeatedly criticized the US dollar and described it as a “dying” currency, which was inflated by state expenditure and manipulation of the central bank.
His financial philosophy, which is rooted within the Austrian economy and private sovereignty, are committed to assets that can’t be interpreted or politically controlled.
Kiyosaki has long argued that carrier assets corresponding to gold, silver and up to date times are critical security against inflation and key to long -term accumulation of generations through economic cycles.
“Do not work or don’t save a fake money,” he advised. “Get your personal decentralized gold, silver and Bitcoin standard.”
In a post dated April 18, Kiyosaki predicted that Bitcoin could achieve 1 million US dollars by 2035, for the reason that US dollar continues to lose the worth for inflationary monetary policy.
“I consider that by 2035 a Bitcoin of over 1 million US dollars, gold 30,000 US dollars and silver might be $ 3,000 per coin,” he said.
Kiyosaki just isn’t the just one who expresses trust in Bitcoin's future.
In February 2025, ARK Invest CEO Cathie Wood said that Bitcoin could achieve 1.5 million US dollars by 2030 if the demand for digital assets continues to grow.
Eric Trump recently held the Keynote speech on the Bitcoin Mena event in Abu Dhabi, united Arabian emirates (VAE) and predicted that Bitcoin would achieve $ 1 million on account of its scarcity.