Robert Kiyosaki Slams US Dollar over Bitcoin, Says Owning Gold and Bitcoin Is Smarter and Safer

Financial guru Robert Kiyosaki explained why he has, apparently, not long ago, bought more Bitcoin and another safe-haven asset – gold.

Robert Kiyosaki, venture investor, entrepreneur, and author of the book on finance literacy “Rich Dad Poor Dad,” has addressed his followers on the X platform to talk to them about Bitcoin.

He made the announcement in the form of a short “question and answer” session, sharing a question that he often gets asked and then answered it, revealing an important thing about Bitcoin and his take on it.

Kiyosaki slams US dollar over Bitcoin

Financial guru Kiyosaki explained why he has, apparently, not long ago, bought more Bitcoin and another safe-haven asset – gold. He believes that holding these two assets is much safer than saving up fiat currencies, such as US dollars.

“WHY I bought more gold and Bitcoin. Answer: Owning gold and Bitcoin is smarter and safer than saving dollars.”

However, some commentators countered Kiyosaki's arguments. One X user suggested that Litecoin is also a worthy investment since it is known as “digital silver” (and Kiyosaki loves physical silver, particularly coins, according to many of his earlier tweets).

Another X user stated that Bitcoin has one big problem: It is denominated in US dollars, which Kiyosaki despises.

Bitcoin goes below $100,000 again

Over the past 24 hours, the world’s pioneer cryptocurrency, Bitcoin, has fallen again significantly, losing roughly 4.25%. On Friday, it managed to recover the $100,000 level after the non-farm payrolls report came out. It showed smaller values than expected. However, it has now fallen to trade at $96,145 per coin.

Yet, Robert Kiyosaki always welcomes such price drawdowns, be it Bitcoin, silver, or gold. In a tweet published on February 3, he stated that the “brutal market crash” had arrived and “the stock, bond, real estate, gold, silver, and Bitcoin markets are crashing.” The best assets went on a sell-off and he planned to buy more Bitcoin, silver, and gold.

“This is the best time to get rich,” he said. On that day, Bitcoin crashed from the $98,000 to the $92,200 zone.