Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
- Robert Kiyosaki supports Bitcoin as a hedge against inflation and economic instability
- He advocates diversifying with assets outside traditional finance, like Bitcoin, gold, and silver
- Kiyosaki sees cryptocurrencies and tangible assets as future investment pillars
Legendary best-selling author of the financial blockbuster Rich Dad, Poor Dad, Robert Kiyosaki has just explained why he made a huge bet on Bitcoin.
Famous for being rather out-of-the-box in his investment strategies and similarly skeptical toward the usual financial system, this comes out of that thinking, which has led him to tout the diversification of one’s portfolio with assets such as Bitcoin, gold, and silver.
He has consistently criticized the existing monetary system and the policies of the American Federal Reserve, calling the dollar a currency that would be constantly losing its purchasing value due to inflation.
In his opinion, Bitcoin guards against this devaluation as it is decentralized and thus unregulated either by government or any central bank.
He has repeatedly maintained that the future lies in cryptocurrencies and tangible assets, and only those who invest in instruments like Bitcoin can be saved from global economic instability.
Rich Dad, Poor Dad Author Robert Kiyosaki Explains Big Bet on Bitcoin
Experienced investor and author of personal finance bestseller Rich Dad, Poor Dad, Robert Kiyosaki, reportedly prefers a few investments over the rest.
While the three most commonly spoken about are generally gold, silver, and Bitcoin (BTC), Kiyosaki is also invested in Solana (SOL), Wagyu cattle farming, and real estate.
https://twitter.com/theRealKiyosaki/status/1851770598474568050?ref_src=twsrc%5EtfwIn a post on X that went up on October 30, he gave a simplified reasoning behind his professed love for one of these assets—the world’s most valuable cryptocurrency, Bitcoin.
Conclusion
In the end, this positions Bitcoin as a core asset required to protect one’s wealth from inflation and economic uncertainty. His belief in decentralization and real assets, such as Bitcoin, gold, and silver, underpins his financial resilience strategy.
For Kiyosaki, the adoption of Bitcoin is not only a hedge but an active means of confronting a changing financial world.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.