Robert Kiyosaki Urges Ditching ‘Fake Money’ for Bitcoin, Gold, and Silver Amid Central Bank Concerns: Report

Renowned entrepreneur and author Robert Kiyosaki is once again raising concerns about centralized monetary policies, advising his followers to steer clear of what he terms as “fake money” and instead opt for alternatives like Bitcoin, gold, and silver. In a recent post on X, Kiyosaki expressed his strong opposition to central banking systems, particularly the Federal Reserve, echoing the sentiments of former US Congressman Ron Paul. Paul, a vocal critic of the Fed, likened interest rate manipulation by central banks to price fixing, which he believes leads to a loss of personal wealth and economic freedom. Kiyosaki emphasized the dangers of fake money, stressing its role in perpetuating dishonesty and corruption in various aspects of life. He urged Americans to break away from fiat systems and embrace decentralized assets like Bitcoin and precious metals for financial security. Kiyosaki’s long-standing critique of fiat currency stems from his belief in Austrian economics and the importance of assets immune to devaluation and political influence. He advocates for investments in gold, silver, and Bitcoin as crucial hedges against inflation and essential for intergenerational wealth preservation. Kiyosaki predicted a bullish future for Bitcoin, forecasting its value to surpass $1 million by 2035, a sentiment shared by other industry experts like ARK Invest CEO Cathie Wood and Eric Trump. Wood believes Bitcoin could reach $1.5 million by 2030, while Trump foresees a $1 million price tag for Bitcoin due to its scarcity. The growing confidence in Bitcoin’s future underscores the increasing interest in decentralized assets as reliable stores of value in an uncertain economic landscape.

In Trend

Altseason Signals 40% Daily Gains as Analyst Predicts Shift Away from Bitcoin Dominance

BlackRock’s Bitcoin ETF Sees $356M Inflows, Extends 19-Day Streak Amid Bitcoin Price Surge

Leave a Reply

Your email address will not be published. Required fields are marked *