Main Points
- Robert Kiyosaki, author of “Rich Dad Poor Dad,” strongly advocates for Bitcoin as a smart money alternative to fiat currencies, which he refers to as “fake money.”
- Kiyosaki criticizes the U.S. educational system for not teaching about money and taxes and warns against saving or working for fiat currency.
- He emphasizes the significance of Bitcoin, gold, and silver as safe-haven assets and predicts a substantial increase in their value, with Bitcoin potentially reaching $10 million per coin.
- Former U.S. President Donald Trump’s support for Bitcoin is highlighted as a significant endorsement of the cryptocurrency’s future potential.
- Kiyosaki predicts that under a Trump presidency, Bitcoin, gold, and silver prices could soar by August 2025.
Article Summary:
Robert Kiyosaki, renowned author of the bestselling book “Rich Dad Poor Dad,” has once again voiced his strong support for Bitcoin as a “smart money” investment, urging investors to move away from fiat currencies, which he disparagingly refers to as “fake money.” In a recent social media post, Kiyosaki emphasized the importance of understanding money’s true nature and criticized the educational system for failing to teach financial literacy.
Kiyosaki’s critique of the U.S. dollar stems from President Nixon’s 1971 decision to remove the dollar from the gold standard, which Kiyosaki believes has led to the proliferation of what he calls counterfeit money. He argues that most people are unwittingly working for and saving this “fake money,” which he sees as a major contributor to the widening wealth gap.
Highlighting the significance of real assets like Bitcoin, gold, and silver, Kiyosaki predicts an economic shift where these assets will become the preferred stores of value. He foresees Bitcoin potentially reaching an astonishing $10 million per coin, gold rising to $15,000 per ounce, and silver hitting $110 per ounce. This prediction aligns with his long-standing belief that these assets are crucial hedges against economic instability and inflation.
Kiyosaki also pointed to former U.S. President Donald Trump’s support for Bitcoin, describing it as a major endorsement of the cryptocurrency’s potential. Trump, who attended a Bitcoin conference, labeled Bitcoin and silver as “smart money,” further validating Kiyosaki’s views. This support from a prominent political figure adds weight to Kiyosaki’s argument that Bitcoin and other real assets will play a significant role in the future economy.
In his predictions, Kiyosaki suggests that if Trump wins the upcoming U.S. presidential election, the prices of Bitcoin, gold, and silver could skyrocket by August 2025. He estimates that Bitcoin could reach $105,000 per coin, gold could rise to $3,300 per ounce, and silver could hit $79 per ounce. These projections underscore his belief in the impending economic transformation, where traditional fiat currencies will lose their dominance.
Kiyosaki’s message is clear: investors need to become smarter with their money by investing in assets that have real value, such as Bitcoin, gold, and silver. His warnings against the continued reliance on fiat currency reflect his broader concerns about the sustainability of the current economic system. As the world faces increasing economic uncertainty, Kiyosaki’s call to action resonates with those seeking stability and security in their investments.
This advocacy for Bitcoin, gold, and silver is not new for Kiyosaki, who has long championed these assets as the best means of preserving wealth. His latest comments, however, come at a time when economic instability and inflationary pressures are causing more people to question the future of fiat currencies. For Kiyosaki, the path forward is clear: embrace the “smart money” revolution and secure your financial future by investing in Bitcoin, gold, and silver before it’s too late.
