Robert Kiyosaki Says He Likes Bitcoin, Calls BTC “People’s Money”
Financial guru and author Robert Kiyosaki recently tweeted that he likes bitcoin, the world’s largest cryptocurrency by market capitalization. The Rich Dad Poor Dad author also called BTC “people’s money.” Kiyosaki is a strong believer in the power of sound money and the importance of gold.
Over the last few years, Kiyosaki has often discussed sound money, gold, and bitcoin during his book tours, media interviews, and speeches. Last few years, Kiyosaki tweeted: “I like bitcoin.”
Kiyosaki is not the only financial guru that is talking about BTC. Billionaire investor Mark Cuban recently said he is uncertain about bitcoin but he is confident that stablecoins like the USDT will be used more and more for payments.
The financial guru also talked about bitcoin while discussing “Why cash is trash in 2023” during his Rich Dad Radio Show podcast published on Wednesday. He tweeted about the need for “people’s money” and said people should learn about sound money. “We must learn about sound money,” Kiyosaki wrote on Twitter. “Gold and silver are money. Bitcoin is people’s money. Politicians cannot print it. It is not their debt-based money.”
Kiyosaki is a staunch believer in the power of sound money and the importance of gold. He has previously said that gold will outperform BTC in the long run and that precious metal is better to hold than cryptocurrency.
In an interview with CNBC in 2018, Kiyosaki said he believes that gold would outperform bitcoin. The investor and author said:
“I’m telling you gold will go much higher than bitcoin. I think bitcoin is a bubble, but gold is real money.”
Kiyosaki has also said in the past that he believes the US dollar could soon become worthless. In an interview with RT, Kiyosaki said that investors should buy gold and silver because the US dollar could become worthless due to the government’s debt.
The Rich Dad Poor Dad author also warned that the US dollar could collapse in the future due to the government’s overspending. Kiyosaki warned:
“They have to print more and more money, so the dollar is going to collapse. So I tell people if you want to protect yourself, buy gold and silver.”
Kiyosaki is a strong believer in the power of sound money and the importance of gold. He has also voiced his support for bitcoin and has now called the cryptocurrency “people’s money.” As governments around the world continue to print money and increase their debt, it remains to be seen if Kiyosaki’s prediction will come true.
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