Warren Buffett’s skepticism of Bitcoin is challenged by Robert Kiyosaki, who argues it is real investing. Buffett has criticized Bitcoin since at least 2018, calling it “probably rat poison squared.” Kiyosaki points out that Berkshire Hathaway indirectly has crypto exposure through investments in related companies like Nu Holdings and Jefferies.

Kiyosaki contrasts Buffett’s views by highlighting the risks in traditional markets, pointing out that stocks, real estate, and US government bonds are not immune to crashes. He emphasizes his trust in assets like gold, silver, Bitcoin, and Ethereum, labeling Federal Reserve Bank and Wall Street money as “Fake Money.”

Kiyosaki categorizes gold and silver as “God’s Money,” Bitcoin and Ethereum as “People’s Money,” and Federal Reserve Bank money as “Fake Money.” He defends his investment in Bitcoin and Ether, stating that they can boom and bust without the influence of the Fed, US Treasury, or Buffett.

Kiyosaki criticizes ETFs and REITs, calling them “fake gold, silver, and Bitcoin.” He argues that traditional investment options like stocks and bonds are “counterfeit money” and blames the lack of real financial education in schools for perpetuating the cycle of financial ignorance.

Related: ‘Rich Dad Poor Dad’ author warns of ‘The Big Print’ as ‘fake money crashes’

Read more at Yahoo Finance: Rich Dad Poor Dad author sends harsh warning to Warren Buffett