Renowned author and financial educator Robert Kiyosaki has been advocating for solid assets like Bitcoin $69,440, gold, and silver in recent years. He encourages readers to invest in these assets instead of the U.S. dollar or fiat currency, indicating that this approach leads people to become poorer over time. Among cryptocurrencies, Kiyosaki exclusively supports Bitcoin and emphasizes his trust in this token.
Why Kiyosaki Loves Bitcoin?
Kiyosaki claims that fiat currency is fake and impoverishes people. He believes that stepping away from the traditional financial system and investing in Bitcoin and other solid assets can be a significant step towards wealth accumulation. In his latest posts, he reiterates this belief and encourages readers to make informed investment decisions.
“When I save fake fiat USD, I become poorer. When I save Bitcoin, I become richer. That’s why I love Bitcoin.”
The absence of government control over Bitcoin, combined with its limited total supply, enhances its growth potential. The inability of the U.S. government or any third party to produce more Bitcoin maintains its scarcity. This situation continuously drives up Bitcoin’s market value and demand.
U.S. Elections and the Future of Bitcoin
The upcoming U.S. presidential elections present a fierce competition between former President Donald Trump and Vice President Kamala Harris. In his recent posts, Kiyosaki stated that he supports financial independence and the Bitcoin Standard rather than political figures. Trump’s support for cryptocurrency and his promise to build a proper future for this technology has garnered support from leaders like Kiyosaki.
“When money is abundant, life essentials become plentiful and expensive. That’s why I love Bitcoin and life. When money is scarce and expensive, the price and abundance of life also rise. I support the Bitcoin Standard.”
Kiyosaki highlights Bitcoin’s current annual growth rate of 63% as a desirable investment option. Like other investors and industry leaders, he believes Bitcoin is the future of financial markets. However, he also stresses that educational institutions and governments need to gradually adopt this shift.
Kiyosaki has been sharing financial advice for decades, assisting people in redirecting their focus towards alternative asset classes. His views on digital assets being the future of financial markets are supported by many investors. Kiyosaki’s insights play a crucial role in the acceptance process of Bitcoin and other cryptocurrencies.