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Robert Kiyosaki, renowned financial education advocate known for his best-selling book “Rich Dad Poor Dad,” has invited his millions of X followers to discuss an important issue about Bitcoin and two other safe haven assets – gold and silver.
Alex DovbnyaKiyosaki on Bitcoin, silver and gold
Kiyosaki publicly responded to a question that he apparently frequently gets about the best hard assets: Bitcoin, gold and silver.
He answered in the form of a question, saying: “Why do people spend so much time discussing stupid differences?” The only “correct answer” here, per Kiyosaki, is “how many ounces of real gold, silver, or number of Bitcoins” you hold in your portfolio.
Kiyosaki also cited Albert Einstein, saying: “Two things are infinite. The universe and human stupidity.”
Many commentators disagreed with Kiyosaki, providing arguments that only Bitcoin is truly valuable and surpasses both gold and silver: “If you understand what makes money money and you also understand Bitcoin, the only answer is Bitcoin.”
Another X user responded, “Bitcoin is the future, so consequently, it’s the hardest asset. Metals are the past!” Some commentators “voted” only for gold.
Yuri Molchan"Bitcoin might be a scam": Kiyosaki
In a tweet published on Saturday, financial guru Kiyosaki stunned the community by saying that “Bitcoin might be a scam.” He again structured his tweet as a question and an answer, saying that many believe Bitcoin to be a scam, and it might indeed be.
However, the financial and investment expert reminded the audience that he believes the Federal Reserve and the U.S. dollars it produces to be a much bigger and more dangerous scam, since the Federal Reserve just prints money out of thin air to bail out banks during financial crises, as happened in 2023. Kiyosaki called banks “banksters” and, as for the Fed, he said: “The criminals at the Fed bail them out. They should go to jail.”
“Buy real gold, silver, and Bitcoin,” was Kiyosaki’s recommendation in order to protect one’s savings against banks. However, he warned the community against investing in Bitcoin exchange-traded funds (EFTs), calling them “bankster’s money.”
He believes only in direct ownership of Bitcoin and in holding physical gold and silver, as opposed to ETFs.
Dan Burgin
Vladislav Sopov