Why Robert Kiyosaki Is Telling Investors To Buy Bitcoin ETFs

In recent months, Robert Kiyosaki, author of the book Rich Dad, Poor Dad, has not only expressed a dire vision of the global economy, but has also defended silver, gold and Bitcoin (BTC). And now he warns: buy these properties before it's too late.

Kiyosaki has repeatedly criticized fiat currency and promoted the idea of ​​gold, silver and bitcoin (BTC). As Bitcoin hovers around $38,000, it offers one more warning.

Robert Kiasaki Take action now and buy Bitcoin

With the approval of a Bitcoin spot ETF highly anticipated, Kiyosaki urged investors to buy a Bitcoin exchange-traded fund (ETF) if they can't get direct exposure to BTC. He wrote on X (Twitter):

“The cardboard box directory is corrupted. Consumers stopped shopping. This means that the world economy will slow down into a possible depression. Treasury and Fed to Print Trillions in Fake Dollars to Replace Consumers. Buy Gold, Silver, Bitcoin. The price of gold is rising. Silver still cheap around $35 an ounce. Or buy a 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

Earlier on Sunday, Kiyosaki indicated gold had reached a new high above $2,014. On the other hand, the “bad news” is that “workers and savers are the losers” in this scenario, he warned. Posted on X:

“Exciting news, gold has reached new highs. Bad news: workers and savers are the losers. Bad news: He's been saying the same thing for 25 years. Don't be a loser. Get out of the fake money system. Now enter Gold, Silver, Bitcoin…. Before it's too late.

Fed and dollar uncertainty

Kiyosaki has been losing faith in fiat currencies, especially the dollar. He also blames governments and central banks. For him, these institutions do not exist to protect ordinary citizens, but banks.

Last month, the writer wrote that while the middle class is saving in dollars, the rich are saving outside of fiat currency – and they're getting richer because of it.

Kiasaki suggests that the more dollar workers accumulate, the poorer they become. In turn, Bitcoin and precious metal hoarders can secure their savings in perpetuity. Then he wrote:

“Inflation makes the poor and the middle class poorer because they work and save dollars. Yet, inflation makes it rich. why? Because today's rich people work and save for gold, silver and bitcoin.

In July, he again criticized the dollar and predicted that Bitcoin will reach $120,000 when there is an inevitable fall in the US stock market and government bonds.

Read more: Simplifying Bitcoin White Paper: A Comprehensive Guide

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