Robert Kiyosaki explained why he holds Bitcoin, instead of US dollars in the bank, and also explained how the government agencies are stealing people’s wealth.
Robert Kiyosaki is a world-famous financial advisor. He is a very big investor in Gold & Silver. He provides investment related advice to people. He grabbed popularity across the world because of his book “Rich Dad Poor Dad”. In 1997, this book was written by Robert T. Kiyosaki and Sharon Lechter.
On 31 Jan 2024, Robert Kiyosaki took to X (Twitter) to explain why he owns Bitcoin.
He said that he owns Bitcoin because Bitcoin is a very big protection against wealth theft.
According to Kiyosaki, Federal Reserve Chairman Powell, Treasury Secretary Yellin, and Wall Street bankers are doing their best to steal people’s wealth via bad financial policies.
Kiyosaki said that they steal people’s wealth via inflation, taxation, & stock price manipulation. This is the main reason why he doesn’t hold US dollars, government bonds or stock assets.
Earlier this week, Kiyosaki talked about Bitcoin & Silver metal in a new podcast on his “Rich Dad” YouTube channel. He said that he doesn’t know what Bitcoin is but he believes that Bitcoin proponents are doing their job perfectly to push the adoption of Bitcoin in the world, so Bitcoin is a better investment asset.
However, the guests of the podcast distanced their hands from Bitcoin support. They said that Bitcoin may be a good investment asset but they will always prefer to invest in Gold, which has existed for thousands of years.
In the second week of this month, Kiyosaki shared his happiness after the official approval of Bitcoin spot ETF products by the United States Securities and Exchange Commission (SEC).
Kiyosaki said that he is happy that he purchased Bitcoin several years ago.
He also said that after Bitcoin, Gold is a good store of value and the majority of the central banks will buy huge amounts of Bitcoin in the future, so Gold is also going to pump.
Furthermore, Kiyosaki also predicted that the trade price of Bitcoin will pump to $150k soon.
Read also: Bitcoin may crash to $15,000 in this year, says stock market expert Gareth Soloway