Robert Kiyosaki: Ditch ‘Fake Money,’ Embrace Bitcoin, Gold, and Silver

Financial guru Robert Kiyosaki, author of the bestselling book “Rich Dad Poor Dad,” has once again urged his followers to abandon what he terms “fake money” in favor of alternative assets such as Bitcoin, gold, and silver. This strong stance against centralized monetary systems, particularly the Federal Reserve, was reiterated in a recent post on X (formerly Twitter).

Kiyosaki’s concerns echo those of former US Congressman Ron Paul, a long-standing critic of the Fed. Paul has described central banks’ interest rate manipulation as “price fixing,” drawing parallels to socialist and Marxist economic control. Both Kiyosaki and Paul believe these practices erode personal wealth and diminish economic freedom.

In a pointed statement, Kiyosaki declared, “Fake money leads to dishonest money, dishonest statistics, dishonest accounting… dishonest leaders, and corruption.” He challenged Americans to “fight back” by shifting their focus to decentralized assets like Bitcoin (BTC) and precious metals, promoting them as crucial hedges against the perceived instability of fiat currencies.

Kiyosaki’s Long-Standing Critique of Fiat Currency

This isn’t a new position for Kiyosaki. He has consistently criticized the US dollar, characterizing it as a “dying” currency inflated by government spending and central bank manipulations. His financial philosophy, aligned with Austrian economics, prioritizes assets shielded from political control and devaluation.

He has consistently highlighted gold, silver, and Bitcoin as crucial inflation hedges, essential for building long-term generational wealth. His recent advice to his followers: “Don’t work or save fake money. Get on your own decentralized gold, silver, and Bitcoin standard.”

Kiyosaki’s prediction of Bitcoin reaching $1 million by 2035 aligns with other notable figures in the financial world who share his bullish sentiment on Bitcoin’s future potential. His perspective underscores a growing trend of concern over fiat currency instability and the search for alternative stores of value.