Robert Kiyosaki, businessman and best-selling creator of Rich Dad Poor Dad, is as soon as once more sounding the alarm on the hazards of centralized financial coverage — urging his followers to desert what he calls “pretend cash” and undertake alternate options like Bitcoin, gold, and silver.
In a May 10 post on X, Kiyosaki backed a hardline stance in opposition to central banking techniques, significantly the Federal Reserve, whereas quoting former US Congressman Ron Paul.
Ron Paul, a longtime critic of the Fed and creator of End the Fed, described interest rate setting by central banks as “value fixing,” equating it to socialist and Marxist financial management.
Paul warned that such mechanisms erode private wealth and undermine financial freedom — a sentiment that aligns intently with Kiyosaki’s long-held issues.
“Fake cash results in dishonest cash, dishonest statistics, dishonest accounting, dishonest steadiness sheets, dishonest compensation, dishonest relations, dishonest leaders, and corruption in on a regular basis life,” Kiyosaki wrote.
He known as on Americans to “struggle again” by opting out of fiat techniques and as a substitute embracing decentralized shops of worth like Bitcoin (BTC) and treasured metals.
Related: ‘Rich Dad, Poor Dad’ author calls for $1 million BTC by 2035
Kiyosaki stays a serious fiat critic
Kiyosaki’s disdain for fiat foreign money will not be new. He has repeatedly criticized the US greenback, labeling it a “dying” foreign money inflated by authorities spending and central financial institution manipulation.
His monetary philosophy, rooted in Austrian economics and private sovereignty, champions property that can’t be debased or politically managed.
Kiyosaki has lengthy argued that bearer property like gold, silver, and extra not too long ago Bitcoin, are critical hedges against inflation and key to long-term generational wealth accumulation via financial cycles.
“Don’t work or save pretend cash,” he suggested. “Get by yourself decentralized gold, silver, and Bitcoin customary.”
In an April 18 publish, Kiyosaki forecasted that Bitcoin could hit $1 million by 2035 because the US greenback continues to lose worth to inflationary financial insurance policies.
“I strongly consider, by 2035, that one Bitcoin will likely be over $ 1 million, gold will likely be $30,000, and silver $3,000 a coin,” he mentioned.
Kiyosaki will not be the one one expressing confidence in Bitcoin’s future.
In February 2025, ARK Invest CEO Cathie Wood mentioned that Bitcoin could hit $1.5 million by 2030 if demand for the digital asset continues to develop.
More not too long ago, on Dec. 10, Eric Trump delivered the keynote speech on the Bitcoin MENA occasion in Abu Dhabi, United Arab Emirates (UAE), and predicted that Bitcoin would hit $1 million on account of its shortage.
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