“Rich Dad, Poor Dad” author and Federal Reserve critic Robert Kiyosaki once again suggested that the best time to get rich is approaching. Kiyosaki emphasized the importance of earning money while sleeping, a crucial lesson he learned from the Rich Dad character, especially as real estate markets collapse. According to him, now is the perfect time to earn passive income.
Wealth Preservation Tools: Bitcoin, Gold, and Silver
Kiyosaki’s prescription is quite familiar. He argues that Bitcoin, along with gold and silver, is vital for preserving and growing wealth during these turbulent times.
Once skeptical and critical of cryptocurrencies, the author now calls Bitcoin “the people’s money” and predicts it could reach half a million dollars next year.
This shift in his approach to Bitcoin follows his long-standing criticisms of traditional financial systems and the Federal Reserve’s policies. Kiyosaki consistently argues that the Fed‘s policies devalue the US dollar and make it “fake.”
“No Stress, Bitcoin Exists”
In his latest social media post, Kiyosaki highlighted the importance of staying strong and confident during tough times. He suggested continuous learning, attending seminars, changing social circles, and listening to successful individuals to avoid excessive worry, which can ruin lives. According to him, bad times are approaching, but the brave, intelligent, and open-minded will become richer and wiser.
As known, Bitcoin’s price has risen over 20% in the last two weeks. After hitting a low at $55,000, Bitcoin is nearing $70,000, poised to set a new record. If it truly breaks a record this year, as Kiyosaki pointed out, “the best time to get rich” might indeed be approaching.