Robert Kiyosaki, the author of Rich Dad Poor Dad, has requested investors to actually get ready for hyperinflation, highlighting how Bitcoin happens to be your very best protection. He actually perceives the crypto as ‘people’s money,’ the value of the same cannot really be regulated by governments.
Robert Kiyosaki Says, “Bitcoin Is Your Best Protection”
Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to get ready for hyperinflation, highlighting that he looks at Bitcoin as the very best protection.
In 1997, Robert Kiyosaki co-authored Rich Dad Poor Dad with Sharon Lechter. Since then, it has been on the coveted New York Times Best Seller List and that too for more than six years. Over 32 million copies of this particular book have been sold in over 109 countries and that too in more than 51 languages.
On Sunday, Kiyosaki took to X and shared he was “just in Germany to celebrate 100 years since 1923, the hyperinflation that brought Adolf Hitler to power. Are we about to celebrate hyperinflation, too? I hope not. Yet our government leaders are the most incompetent ever. Study Germany and Zimbabwe’s hyperinflation and prepare, noting that food will always be valuable, as will guns, gold, and silver. Yet I believe bitcoin is your best protection because bitcoin is people’s money, which means people control the value of bitcoin, not our leaders.”
Interestingly, this wasn’t the first time the popular author gave warnings about hyperinflation. On X, in September, “Many people think hyperinflation means prices are going up. It means the exact opposite. Hyperinflation means the purchasing power of your money is going on. Don’t be a loser. Buy gold, silver, & bitcoin, and be a winner, not a loser.”
Kiyosaki has actually been suggesting bitcoin, silver, and gold for some time now. Previously, he had said that the three top investments are also the best ones for instability. He believed that they actually provide “lifelong financial security and freedom.”
Kiyosaki also said in April, “America is dying,” warning civilians about the death of the dollar.