Robert Kiyosaki: Invest in Gold, Silver, or Bitcoin to Get Richer Amid 'Fake US Dollars'

Renowned entrepreneur and investor Robert Kiyosaki who supports Bitcoin and is also well known for authoring the popular book “Rich Dad Poor Dad,” has issued a tweet

Robert Kiyosaki, the renowned entrepreneur, investor, and author, has shared his investment strategy amid the current economic conditions in the U.S.

Kiyosaki, who supports Bitcoin and is well known for authoring the popular book “Rich Dad Poor Dad,” discussed the growing significance of BTC in a recent tweet. He shared an investment plan that he has been following with his audience, which includes regular Bitcoin investments.

Kiyosaki revealed that he has been “hiding real money,” which he defines as gold and silver, in response to the depreciating value of U.S. dollars. He now owns “tons of gold and silver” and began purchasing his own gold and silver mines in 1985.

The investor pointed out that U.S. dollars are no longer backed by anything, following the removal of the gold standard. In addition to gold and silver, he now saves the digital gold. “I save Bitcoin,” he stated.

Kiyosaki criticized the heads of the U.S. Treasury and the Federal Reserve, both of whom he believes resemble his “poor dad” caricature from his book. The “poor dad” is a composite image of someone who has little or no financial literacy and relies on a poorly managed economy, while the “rich dad” from the book is a generalized way to discuss people who do not just save money that gets devalued quickly but use it to boost their wealth with profitable assets.

Unsurprisingly, Kiyosaki attributed the actions of “poor dads” Yellen and the Federal Reserve to the U.S. becoming “the biggest nation debtor in history.” He then expressed his view on the current purchasing power of the USD, which is the result of that growing debt: “Our dollar will soon be toilet paper.”

Kiyosaki suggested buying Bitcoin to get richer

Kiyosaki believes that investing in coins every month is crucial in the current economic climate, whether it be gold, silver, or Bitcoin. He advises purchasing “one gold coin, or one silver coin, or one Bitcoin Satoshi” if you’re unsure which to choose. After that, he suggests setting a monthly objective for purchasing the chosen asset.

“Choose one coin, gold, silver, or Bitcoin….set a monthly goal….and get richer,” he said in the tweet.