Gold, Silver, Bitcoin : Kiyosaki’s Strategy For Beating Inflation
The debate regarding the future of fiat currencies and the rise of cryptocurrencies continues to intensify. As the United States faces persistent inflation and record debt, some experts are questioning the viability of the traditional financial system. Robert Kiyosaki, entrepreneur and author of the best-seller “Rich Dad Poor Dad,” has never hidden his skepticism towards the US dollar. He has once again reignited the debate, calling the American currency a “scam.” Furthermore, he claims that Bitcoin represents the future. His statements, although extreme to some, resonate with many investors concerned about monetary instability and the loss of purchasing power.
The dollar, a monetary illusion maintained by central banks
The statements made by Robert Kiyosaki leave no room for ambiguity. In a recent post on social media, he states that “the dollar is a scam” and accuses the US Federal Reserve of maintaining a failing system for the benefit of financial elites. According to him, rampant inflation and massive debt in the United States inexorably lead to a loss of value of the national currency, which undermines the savings and purchasing power of citizens. “Central banks do not protect people; they lock them into a corrupt system,” he emphasizes in a post on the X social network (formerly Twitter) on the 1st.
This criticism fits within a troubled economic context where expansionary monetary policies have significantly diluted the value of the dollar. For Kiyosaki, this situation is not a coincidence but the result of a deliberately biased management that favors large financial institutions at the expense of the public. He specifically mentions the role of the Fed in rescuing struggling banks and denounces a system where the risks are borne by the population while the profits remain privatized.
Bitcoin and tangible assets : the key to escaping the financial trap
In light of this critical observation, Kiyosaki advocates for a radical alternative. Instead of holding onto dollars that he believes are destined to lose more value, he advises investing in assets capable of withstanding inflation and the manipulations of central banks. “Bitcoin, gold, and silver are the only viable options to preserve wealth,” he asserts. This is not the first time the author has recommended these investments, but his tone is becoming increasingly urgent as confidence in fiat currencies erodes.
He also warns against financial products derived from Bitcoin, such as ETFs. According to him, these financial instruments do not guarantee true ownership of the asset and remain under the control of the same institutions he criticizes. Thus, “if you do not own your Bitcoin directly, then you do not really own it,” he cautions. This position aligns with a growing segment of investors convinced that the only way to escape market manipulations is to have total control over their assets.
Kiyosaki’s rhetoric, although extreme, reflects a growing concern about global economic uncertainties. As US debt continues to rise and central banks struggle to contain inflation, more and more investors are seeking alternative havens. Bitcoin, often perceived as a “store of value”, may see its adoption accelerate as distrust in the traditional monetary system intensifies. It remains to be seen whether these trends will hold true or if the dollar will once again avoid the shipwreck predicted by its detractors.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.