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Robert Kiyosaki Calls on Investors to Buy Bitcoin at a Bargain Price
The author of the book Rich Dad Poor Dad, Robert Kiyosaki, continues to warn of the instability of the US economy, increasing inflation, and the weakening of the USD. In a series of posts on Platform X, he emphasizes his investment strategy and the reasons why Bitcoin, gold, and silver are safe havens against economic fluctuations.
In light of Bitcoin's recent drop in value, Kiyosaki isn't worried and instead sees it as an opportunity to buy. He writes: “Bitcoin is sharply declining. Bitcoin is being sold at a bargain price. I am buying more. The issue is not Bitcoin, but the outdated monetary system and the manipulation of the market by banks.” He also warned of the state of America's finances, highlighting the huge public debt and the risk of default: "The United States is bankrupt. Our total debt, including social safety net programs like Medicare and Social Security, has exceeded 230 trillion USD when accounting for the 36 trillion USD public debt. US bonds are just a joke. When Japan and China stop buying bonds, inflation will skyrocket, the economy will collapse, and the USD will depreciate." According to Kiyosaki, this is the reason he continues to believe in Bitcoin: "Every time Bitcoin plunges, I buy more. Bitcoin is a currency with real value, while fiat money is a manipulated instrument. I am willing to exchange counterfeit currency for gold, silver and Bitcoin whenever the price drops." Inflation and the risk of recession: Investors need to act now In another post, Kiyosaki expressed deep concerns about inflation and its long-term impacts on the global economy. He questioned how policymakers assess inflation, emphasizing that an increase from 2% to 3% is actually a 50% rise, not just a small adjustment number. He does not hesitate to criticize current economic policies, believing that those in charge are pushing the world into a recession: "What are our leaders doing? They are completely incompetent and are pushing the economy into recession." Kiyosaki emphasizes that the recession not only affects the current quality of life but also threatens the financial future of future generations. He recommends investors quickly seek out assets with intrinsic value such as gold, silver, and Bitcoin to protect assets from the risk of financial crisis. "The signs of a crisis are becoming clearer. Investors need to act now to protect their assets before it's too late." Consistent views on Bitcoin and safe-haven assets Robert Kiyosaki's statements continue to reflect his skeptical views on fiat money and the fiscal policies of the US government. At the same time, he reinforces his support for alternative assets such as Bitcoin and precious metals. In the context of rising inflation, economic uncertainty and the risk of a global recession, Kiyosaki's message once again attracted the attention of investors, especially those looking for solutions to preserve assets against market volatility.