FameEX Hot Topics | Robert Kiyosaki Urges: Invest in Bitcoin Now 'Before It's Too Late'

Renowned author Robert Kiyosaki, known for his book "Rich Dad Poor Dad," has reiterated his advice for investors to embrace Bitcoin and abandon fiat currency, emphasizing that the time to act is now. He has frequently made bullish predictions about Bitcoin's price, ranging from $135,000 to $1 million. Kiyosaki's endorsement extends to gold and silver as well. He often criticizes fiat money, describing it as "fake money" since the U.S. dollar departed from the gold standard in 1971. He contrasts this with Bitcoin, which he calls "people's money," along with gold and silver, which he refers to as "God's money."

Kiyosaki's latest comments were made on social media, where he noted that gold had achieved a new high. He expressed concern for individuals who rely on fiat currency, labeling them as "losers" and urging them to exit the "fake money system." Instead, he encourages them to invest in precious metals and Bitcoin "before it's too late."

He has consistently criticized fiat money's safety, urging investors to safeguard themselves against the actions of central banks. Kiyosaki's distrust extends to the Federal Reserve, the Biden administration, and Wall Street, asserting that the Fed and the Treasury are undermining the value of the U.S. dollar.

Kiyosaki previously predicted that individuals holding gold, silver, and Bitcoin would experience wealth accumulation as the Federal Reserve continued to print trillions of dollars. He has emphasized that "fake money savers" will be the most adversely affected. He also warned about the dangers of rising U.S. debt, high inflation rates, and interest rate hikes, advocating for investments in "real money" like gold, silver, and Bitcoin.