Robert Kiyosaki calls to abandon fiat currency in favor of Bitcoin
Kiyosaki urges ditching fiat for Bitcoin, gold, and silver amid inflation fears.
Robert Kiyosaki, author of Rich Dad Poor Dad, is once again warning against centralized monetary policies, urging followers to ditch fiat currencies in favor of Bitcoin, gold, and silver.
In a May 10 post on X, Kiyosaki quoted former US Congressman Ron Paul, who likened central bank interest rate manipulation to socialist economic control, reports Cointelegraph.
Kiyosaki criticized fiat as “fake money,” calling it a catalyst for corruption and economic instability.
Bitcoin as a Hedge Against Fiat Collapse
Kiyosaki has consistently promoted Bitcoin as a store of value immune to central bank policies. He previously forecasted Bitcoin reaching $1 million by 2035, attributing its rise to fiat currency debasement. Echoing similar sentiments, ARK Invest CEO Cathie Wood and Eric Trump have also predicted Bitcoin’s million-dollar valuation, citing inflationary pressures and Bitcoin’s scarcity as driving factors.
Inflationary Pressures Fuel Calls for Decentralized Assets
Kiyosaki’s call for decentralized assets comes amid heightened inflation and market uncertainty. He advocates for assets that cannot be politically manipulated, advising investors to “get on your own decentralized gold, silver, and Bitcoin standard.” Despite ongoing debate, Kiyosaki maintains that inflation will erode fiat currencies, pushing Bitcoin and precious metals to new all-time highs by 2035.
Recently we wrote that Robert Kiyosaki, renowned author and financial educator, expressed optimism about Bitcoin's future.
