Robert Kiyosaki Weighs in on Bitcoin, Gold, and Silver Debate

Robert Kiyosaki, the author of Rich Dad Poor Dad, recently addressed the debate over Bitcoin, gold, and silver. He urged investors to focus on how much of these assets they own instead of comparing their merits.

Robert Kiyosaki, the author of Rich Dad Poor Dad, recently addressed the ongoing debate over Bitcoin, gold, and silver in a series of tweets.

Kiyosaki's comments come amid a broader discussion on the merits of different hard assets in a macroeconomic environment characterized by inflation and currency instability.

Bitcoin vs. Gold: A Pointless Debate?

Kiyosaki questioned why people bicker over which asset is better. He maintained that the focus should be on accumulating these assets to secure one's financial future.

"Which is the best hard asset? Gold, silver, or Bitcoin?" one user asked. "Why do people spend so much time discussing stupid differences," Kiyosaki replied. "The only answer that matters is how many ounces of real gold, silver, or number of Bitcoins do you own."

Kiyosaki's remarks sparked a lively exchange, with many weighing in on the relative merits of Bitcoin and precious metals.

One user pointed out that BTC is the hardest asset, and another chimed in to say that gold has served as a reliable store of value for over 5,000 years.

Kiyosaki's skepticism towards BTC is well-documented. In August, he bluntly stated that "no one knows" if Bitcoin is a scam or not.

"Many people say Bitcoin, BTC, is a SCAM," Kiyosaki wrote. "Many say BTC is good. Who is right? Maybe both. Is the FED SCAM? Yes. Is the US dollar a SCAM? Yes. Is the US banking system a SCAM? Yes."

The author went on to criticize Federal Reserve for printing money to bail out bankers and financial institutions, which he termed "banksters."

"Never trust a banker or a politician," he added. "Trust in God, family, and hard assets-gold, silver, and Bitcoins."

Despite his skepticism, Kiyosaki has repeatedly said that he's a supporter of BTC. In July, he advised investors to buy and hold BTC to prepare for the upcoming financial crisis. He also warned investors against buying Bitcoin ETFs, which he described as "bankster’s money.”