- Robert Kiyosaki urges the general public to avoid wasting Bitcoin, Gold, or Silver as a substitute of pretend fiat currencies.
- The investor shares his considerations in regards to the public leaders’ lack of economic information.
- Kiyosaki reiterates his bullish beliefs on Bitcoin and provides that buyers in fiat currencies are losers.
Crypto investor Robert Kiyosaki, finest recognized for his monetary training e-book Wealthy Dad Poor Dad, not too long ago reiterated his optimistic views on Bitcoin. In his newest X submit, Kiyosaki urged the general public to avoid wasting the “actual” Bitcoin, Gold, or Silver as a substitute of “pretend” fiat currencies.
Kiyosaki identified the potential of Bitcoin changing into a “rip-off” or a “Ponzi scheme.” However he added, “Bitcoin isn’t any extra of a rip-off or a Ponzi scheme than the US Greenback, Euro, Yen, or some other ‘pretend’ or fiat forex.” Reinforcing his lack of curiosity in fiat currencies, he asserted that these currencies are “Large Ponzi schemes.”
Additional, Kiyosaki shared his considerations relating to the political leaders’ lack of economic information. In accordance with him, the US political, banking, and monetary leaders are incompetent and corrupt. Including that the leaders have ripped off America and the entire world, he posited,
Our leaders do not know methods to management the rising US authorities debt and US bond market, and over inflated inventory market…They need to resign, be fired, impeached, or put in jail. All ought to have their faculty tuitions refunded. Clearly they discovered nothing at school about cash, ethics, trustworthy, or morality.
Reflecting on his recommendation from Wealthy Dad Poor Dad, Kiyosaki beneficial his followers to spend money on and save Bitcoin. Repeating the identical line from the textual content, he wrote, “Savers (of pretend cash) are losers.”
Nevertheless, the investor additionally highlighted the potential of Bitcoin reaching zero similar to some other fiat forex. Reportedly, hundreds of “pretend” currencies have traditionally been nullified. Earlier than concluding his submit, Kiyosaki beneficial main figures like Ral Paoul, Lawrence Lepard, Jeff Sales space, Mark Moss, and Anthony Pompliano for monetary recommendation.
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