logo

Robert Kiyosaki says ditch ‘fake money’ for Bitcoin, gold, and silver

By: bitcoin ethereum news|2025/05/10 23:15:05
0
Share
copy
Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad , is once again sounding the alarm on the dangers of centralized monetary policy, urging his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin, gold, and silver. In a May 10 post on X, Kiyosaki backed a hardline stance against central banking systems, particularly the Federal Reserve, while quoting former US Congressman Ron Paul. Ron Paul, a longtime critic of the Fed and author of End the Fed , described interest rate setting by central banks as “price fixing,” equating it to socialist and Marxist economic control. Paul warned that such mechanisms erode personal wealth and undermine economic freedom — a sentiment that aligns closely with Kiyosaki’s long-held concerns. “Fake money leads to dishonest money, dishonest statistics, dishonest accounting, dishonest balance sheets, dishonest compensation, dishonest relations, dishonest leaders, and corruption in everyday life,” Kiyosaki wrote. He called on Americans to “fight back” by opting out of fiat systems and instead embracing decentralized stores of value like Bitcoin (BTC) and precious metals. Related: ‘Rich Dad, Poor Dad’ author calls for $1 million BTC by 2035 Kiyosaki remains a major fiat critic Kiyosaki’s disdain for fiat currency is not new. He has repeatedly criticized the US dollar, labeling it a “dying” currency inflated by government spending and central bank manipulation. His financial philosophy, rooted in Austrian economics and personal sovereignty, champions assets that cannot be debased or politically controlled. Kiyosaki has long argued that bearer assets like gold, silver, and more recently Bitcoin, are critical hedges against inflation and key to long-term generational wealth accumulation through economic cycles. “Don’t work or save fake money,” he advised. “Get on your own decentralized gold, silver, and Bitcoin standard.” In an April 18 post, Kiyosaki forecasted that Bitcoin could hit $1 million by 2035 as the US dollar continues to lose value to inflationary monetary policies. “I strongly believe, by 2035, that one Bitcoin will be over $ 1 million, gold will be $30,000, and silver $3,000 a coin,” he said. Kiyosaki is not the only one expressing confidence in Bitcoin’s future. In February 2025, ARK Invest CEO Cathie Wood said that Bitcoin could hit $1.5 million by 2030 if demand for the digital asset continues to grow. More recently, on Dec. 10, Eric Trump delivered the keynote speech at the Bitcoin MENA event in Abu Dhabi, United Arab Emirates (UAE), and predicted that Bitcoin would hit $1 million due to its scarcity. Magazine: TradFi fans ignored Lyn Alden’s BTC tip — Now she says it’ll hit 7 figures: X Hall of Flame Source: https://cointelegraph.com/news/robert-kiyosaki-bitcoin-gold-silver-fake-money?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

You may also like

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Popular coins

Latest Crypto News

Read more