‘Rich Dad Poor Dad’ Author Ends Harsh ‘Bitcoin vs Gold’ Debate By U.Today

From Investing.com

September 14, 2024 07:30 AM:

Prominent entrepreneur Robert Kiyosaki, known for “Rich Dad Poor Dad,” weighs in on Bitcoin vs. gold debate. He advises holding both assets, emphasizing the importance of having a mix of Bitcoins and gold coins. Kiyosaki has been advocating for Bitcoin, gold, and silver since 2020 due to government overspending and quantitative easing.

Kiyosaki warns of the U.S. national debt increasing by $1 trillion every 100 days, leading to a crashing bond market. He highlights the impact of debt on the U.S. economy and suggests buying physical assets like gold, silver, and Bitcoin. He urges the community to stop saving fiat currency and start investing in “real” money.

As the world faces economic troubles, Kiyosaki emphasizes the importance of diversifying investments and avoiding banking crashes. He believes that holding physical assets like gold, silver, and Bitcoin is crucial in the current economic climate. Kiyosaki’s advice is to shift away from fiat currency and prioritize tangible assets for financial security.

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