- Adding that this event has already begun, he described people working for fiat currencies such as the Dollar, Yen, Peso, and Rupee as thoughtless.
- In his previous post, Kiyosaki warned about the rise of hyperinflation in Germany 100 years ago leading to the emergence of Adolf Hitler.
- Recently, Kiyosaki expanded his financial recommendations. This includes not only gold and silver but also decentralized finance (DeFi) assets.
Robert Kiyosaki is urging people to turn to Bitcoin to protect themselves from inflation and financial collapse, issuing warnings about an upcoming financial collapse.
Kiyosaki Warns of Financial Collapse
Renowned author and Bitcoin advocate Robert Kiyosaki sounded the alarm on an impending financial collapse. Kiyosaki draws parallels with history and advises followers to turn to Bitcoin as a safeguard. In his recent interview, he mentioned that America will become the poorest country in the world. Adding that this event has already begun, he described people working for fiat currencies such as the Dollar, Yen, Peso, and Rupee as thoughtless.
Criticizing all fiat currencies that he dubbed as “fake,” Kiyosaki defined gold as God’s money and Bitcoin as the people’s money. These statements came after the release of Fed minutes on Tuesday. Kiyosaki, in his recent posts, empathized with individuals living paycheck to paycheck in the face of rising inflation prices. He made harsh criticisms against “woke” leaders, labeling them as Marxists rather than capitalists.
In his previous post, Kiyosaki warned about the rise of hyperinflation in Germany 100 years ago leading to the emergence of Adolf Hitler. He expressed concerns about history repeating itself in America. Among his warnings, Kiyosaki emphasized the importance of investing in assets like gold, silver, and Bitcoin. Describing Bitcoin as a decentralized cryptocurrency, he argued that its value is controlled by the people, not leaders.
In a move consistent with his long-term financial advice, Kiyosaki recommended his followers to stock up on these assets. He believes that gold, silver, and Bitcoin have the potential to rescue people from potential economic downturns.
DeFi Against Gold, Silver, and Inflation Issues
Recently, Kiyosaki expanded his financial recommendations. This includes not only gold and silver but also decentralized finance (DeFi) assets. Commending DeFi as a security against central bank actions, he claimed that these institutions turn to gold to regain their reputation in the face of perceived failures.
During his post, Kiyosaki added a political element to his financial discourse by supporting MAGA. The MAGA movement adopts a hyper-deflationist token known as MAGA. Kiyosaki called on his followers to support this token, aiming to bridge the gap between politics and cryptocurrency.
In summary, Kiyosaki’s perception is that everyone should achieve financial freedom. According to him, investing in valuable assets like gold, silver, and Bitcoin could serve as protection against inflation.
