Robert Kiyosaki, renowned author of Rich Dad Poor Dad, refers to the U.S. dollar as “fake money” because it’s no longer backed by gold. To protect his wealth, he began buying gold and silver mines in 1985 and now owns “tons” of precious metals. Today, he also considers Bitcoin as “real money,” calling it digital gold.
Kiyosaki recommends Bitcoin as a reliable crypto to invest in now. It acts as a hedge against inflation and economic instability. Like gold and silver, Bitcoin retains its value but offers the added benefit of being digital and easily transferable. His strategy? Buy one coin each month—be it a gold coin, silver coin, or Bitcoin Satoshi.
Kiyosaki criticizes the U.S. Treasury and Federal Reserve, calling their policies financially irresponsible. He compares them to the “poor dad” character in his book, someone lacking financial literacy. He warns that their actions have turned the U.S. into “the biggest debtor nation in history,” reducing the purchasing power of the dollar. He predicts that soon, the dollar may be worth “nothing more than toilet paper.”
Related: Balancing Bitcoin and Gold for Portfolio Diversification
For those wondering where to buy gold, silver, or Bitcoin, Kiyosaki advises acting now. Reputable bullion dealers and online platforms are good sources for precious metals. For Bitcoin, trusted crypto exchanges are the way to go. Set a monthly goal to buy these assets and protect your wealth.
Kiyosaki emphasizes diversification. In addition to Bitcoin, consider good cryptos to invest in, stocks, and precious metals. If you’re exploring crypto coins to invest in, Bitcoin is a reliable choice. Research other cryptocurrencies to suit your risk tolerance and financial goals.
Related: Cryptocurrency and Wealth Building
The U.S. economy may be struggling, but Kiyosaki sees this as an opportunity. By understanding the meaning of cryptocurrency and diversifying into gold, silver, and Bitcoin, you can secure your financial future. Start small—buy one coin to buy now each month and take the first step toward building wealth.
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