Kiyosaki Critiques U.S. Dollar and Advocates for Direct Investments
Renowned author Robert Kiyosaki, known for “Rich Dad Poor Dad,” labels the U.S. dollar a bigger scam than Bitcoin (BTC), criticizing the Federal Reserve and major banks for corruption and mismanagement.
Skepticism About Financial Institutions
In a recent post on X (formerly Twitter), Kiyosaki attacked the Federal Reserve, referring to central bankers as “banksters” who benefit from government bailouts despite their financial failures.
> “Is BITCOIN a SCAM? It might be….But not a big a scam as the US Dollar and the US Banking System…. Starting with the Fed. They are BANKSTERS.”
Kiyosaki expressed concern over Bitcoin ETFs, claiming they allow banks to manipulate Bitcoin’s value and limit investors’ control. He recommends direct investment in tangible assets like gold, silver, and Bitcoin instead of ETF products managed by suspected corrupt institutions.
> “I predict a collapse of our financial system. Please protect yourself from the BANKSTERS. Buy real gold, silver, and Bitcoin. No gold, silver or Bitcoin ETFs…. Which are bankster’s money.”
Current Market Trends
Kiyosaki’s comments come as Bitcoin saw a downturn, briefly hitting $78,000 but rebounding to $85,975.16, with a slight gain of 0.96% over the last 24 hours, according to CoinMarketCap.
The BTC ETF market has recently shown improvement, with significant inflows of $94.3 million on February 28, according to Farside Investors. Kiyosaki remains optimistic about Bitcoin, suggesting market crashes can present buying opportunities for wealth accumulation.
> “Trump tariffs begin: Gold, silver, Bitcoin may crash. Good. Will buy more after prices crash. Real problem is DEBT… which will only get worse. Crashes mean assets are on sale. Time to get richer.
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