Robert Kiyosaki Breaks Down Rich Dad’s First Lesson — Says Bitcoin Provides ‘Lifelong Financial Security and Freedom’

Rich Dad Poor Dad writer Robert Kiyosaki has breached down Rich Dad’s acquisition fig one. Explaining successful elemental presumption wherefore the affluent go richer, the renowned writer said: “They recognize the value of preserving tangible assets, specified arsenic gold, silver, and bitcoin, which connection lifelong fiscal information and freedom.”

Robert Kiyosaki Breaks Down Rich Dad’s Lesson One

The writer of Rich Dad Poor Dad, Robert Kiyosaki, explained the halfway conception of Rich Dad’s archetypal acquisition successful a station connected societal media level X connected Thursday. Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

“Rich Dad’s Lesson #1 ‘The affluent don’t enactment for $,'” Kiyosaki began. “Why? Because our wealthiness is designed to beryllium stolen from our fake wealth via taxes and ostentation and the banal market.” He elaborated: “Instead, the affluent enactment for assets that enactment tax-free wealth successful their pocket, currency travel assets, specified arsenic rental properties, oil, nutrient production.” He further detailed: “And alternatively than prevention fake $, the affluent prevention gold, silver, bitcoin.” The renowned writer stressed:

Lesson: The affluent bash not privation jobs oregon fake insubstantial assets. The affluent privation assets that enactment existent taxation escaped wealth successful their pockets and they cognize however to prevention existent assets, gold, silver, bitcoin assets that supply lifelong fiscal information and freedom. That’s Rich Dad’s Lesson #1. Simple?

Kiyosaki besides explained wherefore the mediocre and mediate people get poorer. He described: “The mediocre and mediate people privation jobs that committedness a dependable paycheck but connection nary occupation security. Even worse, the mediocre and mediate people enactment astatine jobs that wage taxable fake $ income.” He added: “And past they prevention fake $, past put successful stocks, bonds, communal funds, and ETFs [exchange-traded funds] which are crashing arsenic I constitute this text.”

The writer of Rich Dad Poor Dad has agelong been recommending gold, silver, and bitcoin. He has made aggregate forecasts related to the prices of the 3 assets. He precocious stated that BTC is headed for $135,000 portion golden volition soon instrumentality off. Back successful August, helium said that successful the lawsuit of a planetary economical crisis, bitcoin’s terms could surge to $1 million, with golden reaching $75,000, and metallic climbing to $60,000. In February, helium projected that the terms of BTC would scope $500,000 by 2025, portion golden could emergence to $5,000, and metallic mightiness scope $500 wrong the aforesaid timeframe.

Last month, the renowned writer advised investors to buy bitcoin immediately, noting that helium foresees a unreserved to bargain BTC arsenic stock, bond, and existent property markets crash. He additionally expressed his belief successful the aboriginal of cryptocurrency, asserting that fiat wealth is toast and describing it arsenic “fake money.” In his view, golden and metallic correspond “God’s money” portion bitcoin is “people’s money.” Besides issuing aggregate warnings astir the greatest clang successful existent estate, stocks, and bonds, helium besides cautioned that the Federal Reserve raising involvement rates volition clang the U.S. dollar.

Kiyosaki revealed an concern allocation past week to assistance investors past what helium believes to beryllium the “greatest clang successful satellite history.” He besides precocious shared his ain concern strategy, emphasizing that helium is not trying to beryllium Berkshire Hathaway CEO Warren Buffett.

What bash you deliberation astir Rich Dad’s acquisition 1 and Robert Kiyosaki stating that bitcoin provides lifelong fiscal information and freedom? Let america cognize successful the comments conception below.