When it comes to money, Robert Kiyosaki isn’t shy about his opinions—especially when it involves Bitcoin and the US Dollar. He’s not exactly the biggest fan of traditional currencies, seeing the US Dollar as a colossal scam. That’s right. He believes that the dollar is a far bigger fraud than Bitcoin. Kiyosaki argues that while Bitcoin may have its risks, it’s nothing compared to the looming disaster of fiat currencies. With inflation gnawing at purchasing power, he sees the dollar as a sinking ship, while Bitcoin could be a lifeboat—if you know how to use it.
Kiyosaki views the US Dollar as a colossal scam, believing Bitcoin is the safer bet amid looming fiat disaster.
The Federal Reserve? Kiyosaki points to them as the puppet masters, pulling the strings of financial manipulation. He’s all about physical ownership of assets, dismissing financial instruments like ETFs as “bankster’s money.” Why trust banks when you can own the real thing? Direct ownership of Bitcoin is where he thinks the smart money is. ETFs just add layers of risk and potential manipulation by the very institutions he doesn’t trust.
And physical gold and silver? They’re the classic go-tos for safety, tangible value. Kiyosaki predicts a financial collapse is on the horizon, and when it hits, the world will feel it. He touts Bitcoin and precious metals as safe havens. It’s all about protecting your wealth, he says, not just playing a game with financial instruments. Real assets over paper promises, any day. Additionally, he emphasizes the importance of understanding stablecoins as a means to bridge the gap between traditional finance and cryptocurrency markets.
Gresham’s Law rears its head here, too. Fiat currencies push better options out of circulation, while Metcalfe’s Law shows Bitcoin growing stronger with its expanding network. Kiyosaki believes in the decentralized nature of Bitcoin, a revitalizing change from the chaotic world of fiat. With economic instability and inflation looming, he suggests people should think twice about where they put their money. Kiyosaki maintains bullishness on Bitcoin despite the recent trends indicating a potential bear market in crypto. In fact, he predicts a collapse of the global financial system, further emphasizing the urgency of investing in alternative assets.
In his eyes, Bitcoin might be a wild card, but it’s certainly a better option than a sinking dollar.
