‘Wealthy Dad Poor Dad’ Creator Urges Public to Save Bitcoin, Gold or Silver

• Robert Kiyosaki urges the general public to save lots of Bitcoin, Gold, or Silver as an alternative of pretend fiat currencies.
• The investor shares his issues in regards to the public leaders’ lack of economic information.
• Kiyosaki reiterates his bullish beliefs on Bitcoin and provides that buyers in fiat currencies are losers.

Crypto investor Robert Kiyosaki, finest recognized for his monetary training ebook Wealthy Dad Poor Dad, just lately reiterated his optimistic views on Bitcoin. In his newest X put up, Kiyosaki urged the general public to save lots of the “actual” Bitcoin, Gold, or Silver as an alternative of “faux” fiat currencies.

Kiyosaki identified the potential for Bitcoin changing into a “rip-off” or a “Ponzi scheme.” However he added, “Bitcoin isn’t any extra of a rip-off or a Ponzi scheme than the US Greenback, Euro, Yen, or every other ‘faux’ or fiat foreign money.” Reinforcing his lack of curiosity in fiat currencies, he asserted that these currencies are “Big Ponzi schemes.”

Additional, Kiyosaki shared his issues concerning the political leaders’ lack of economic information. In line with him, the US political, banking, and monetary leaders are incompetent and corrupt. Including that the leaders have ripped off America and the entire world, he posited,

Our leaders do not know easy methods to management the rising US authorities debt and US bond market, and over inflated inventory market…They need to resign, be fired, impeached, or put in jail. All ought to have their school tuitions refunded. Clearly they realized nothing in class about cash, ethics, sincere, or morality.

Reflecting on his recommendation from Wealthy Dad Poor Dad, Kiyosaki advisable his followers to put money into and save Bitcoin. Repeating the identical line from the textual content, he wrote, “Savers (of pretend cash) are losers.”

Nonetheless, the investor additionally highlighted the potential for Bitcoin reaching zero identical to every other fiat foreign money. Reportedly, hundreds of “faux” currencies have traditionally been nullified. Earlier than concluding his put up, Kiyosaki advisable main figures like Ral Paoul, Lawrence Lepard, Jeff Sales space, Mark Moss, and Anthony Pompliano for monetary recommendation.