Robert Kiyosaki Says Prepare for Hyperinflation — Sees Bitcoin as the ‘Best Protection’

Rich Dad Poor Dad writer Robert Kiyosaki has urged investors to hole for hyperinflation, emphasizing that bitcoin is “your champion protection.” He perceives the cryptocurrency arsenic “people’s money,” the worth of which cannot beryllium controlled by governments.

Robert Kiyosaki: Bitcoin Is Your Best Protection

The writer of Rich Dad Poor Dad, Robert Kiyosaki, is advising investors to hole for hyperinflation, emphasizing that helium views bitcoin arsenic the champion protection. 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.

In a station connected societal media level X connected Sunday, Kiyosaki shared that helium was “just successful Germany to observe 100 years since 1923, the hyperinflation that brought Adolf Hitler to power.” He added: “Are we astir to observe hyperinflation too? I anticipation not. Yet our authorities leaders are the astir incompetent ever.”

The renowned writer proceeded to recommend: “Study Germany and Zimbabwe’s hyperinflation and prepare.” Noting that “Food volition ever beryllium invaluable arsenic volition guns, gold, and silver,” helium stressed:

Yet I judge bitcoin is your champion extortion due to the fact that bitcoin is people’s wealth which means radical power the worth of bitcoin not our leaders.

This was not the archetypal clip the celebrated writer has warned astir hyperinflation. In September, helium explained connected X: “Many radical deliberation hyperinflation means prices are going up. It means the nonstop opposite. Hyperinflation means the purchasing powerfulness of your wealth is going going. Don’t beryllium a loser. Buy gold, silver, & bitcoin and beryllium a victor not a loser.”

Kiyosaki has been recommending gold, silver, and bitcoin for rather immoderate time. He antecedently said that the 3 investments are the champion for “unstable times.” He believes that they supply “lifelong fiscal information and freedom.” In April, Kiyosaki said “America is dying,” informing of the demise of the U.S. dollar.

The celebrated writer is not unsocial successful expressing concerns astir hyperinflation. Former Twitter CEO Jack Dorsey predicted successful 2021 that hyperinflation volition soon hap successful the U.S. and the world. Venture capitalist Balaji Srinivasan said successful March that hyperinflation is happening now. Economist Peter Schiff has besides sounded the alarm connected the matter, stating past twelvemonth that large Fed complaint hikes hazard hyperinflation.

Do you hold with Rich Dad Poor Dad writer Robert Kiyosaki astir bitcoin being the champion extortion against hyperinflation? Let america cognize successful the comments conception below.