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This Renowned Entrepreneur Warns: Buy Bitcoin Before It’s Too Late

2 mins
By Zerelik Maciej
Translated Harsh Notariya
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In Brief

  • Robert Kiyosaki, author of Rich Dad, Poor Dad, urges investors to buy Bitcoin (BTC) and precious metals as he predicts a global economic crash.
  • Kiyosaki criticizes fiat currency and suggests that accumulating dollars makes workers poorer, while Bitcoin and metals offer long-term protection.
  • Due to his distrust in the dollar and governments, Kiyosaki predicts Bitcoin will reach $120,000 amid a US stock market and bond crash.
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In recent months, Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, shared not only a catastrophic vision of the global economy but also defended silver, gold, and Bitcoin (BTC). And now he warns: buy these assets before it’s too late.

Time and again, Kiyosaki has criticized the fiat currency and propagated the idea of gold, silver, and Bitcoin (BTC). As Bitcoin hovers around $38,000, he gives one more reminder.

Robert Kiyosaki Urges Take Action Now and Buy Bitcoin

As Bitcoin spot ETF approval is highly anticipated, Kiyosaki urged investors to buy the Bitcoin exchange-traded fund (ETF), if they cannot get direct exposure to BTC. He wrote on X (Twitter):

“CARDBOARD BOX INDEX crashing. Shoppers stopped shopping. That means global economy slowing to possible Depression. Treasury and Fed to print trillions in fake dollars to replace shoppers. Buy gold, silver, Bitcoin. Gold price rising. Silver still cheap approx $35 an ounce. Or Buy Bitcoin ETF. Don’t be caught sleeping like most Americans. Take action now.”

Read more: How To Prepare for a Bitcoin ETF: A Step-by-Step Approach

Previously on Sunday, Kiyosaki pointed out that gold had reached a new all-time high above $2,014. On the other hand, he also warned that the “bad news” is that “workers and savers are the losers” in this scenario. He posted on X:

“Great news, gold reaches new high. Bad News: Workers and savers are losers. Bad News: been saying the same for 25- years. Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.”

Distrust of Fed and Dollar

Kiyosaki has long been distrustful of fiat currencies, especially the dollar. He also criticizes governments and central banks. For him, these institutions do not exist to protect ordinary citizens, but rather banks.

Last month, the author claimed that while the middle class saves their savings in dollars, the rich save their savings in assets other than fiat currency – and become richer because of it.

Kiyosaki suggests that the more dollars workers accumulate, the poorer they become. In turn, those who accumulate Bitcoin and precious metals are better able to protect their savings in the long run. He wrote then:

INFLATION makes the POOR & MIDDLE CLASS poorer because they work for and save dollars. Yet, INFLATION makes the RICH RICHER. Why? Because today’s rich work for and save Gold, Silver, and Bitcoin.”

In July, he again criticized the dollar and predicted that Bitcoin would reach $120,000 while there would be an imminent crash in the US stock market and government bonds.

Read more: Simplifying the Bitcoin White Paper: A Comprehensive Guide

Do you have anything to say about Robert Kiyosaki’s Bitcoin predictions or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

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Harsh Notariya
Harsh Notariya excels in delivering SEO-optimized crypto news under tight deadlines. Previously, as a Growth Marketer at Sporty and a Community Consultant at Totality Corp, he significantly boosted community engagement and followers. Harsh also crafted engaging content for top crypto influencer Shivam Chhuneja, blending meme references for an educational yet fun experience. His versatile skills make him a notable figure in crypto journalism.