Robert Kiyosaki Advises Investors to Invest in Bitcoin (BTC), Not "Fake Money"

Popular finance coach Robert Kiyosaki is at it again, advising investors to invest their funds in Bitcoin (BTC), not “fake money.”

Popular finance coach Robert Kiyosaki is advising investors to invest their funds in Bitcoin (BTC), not “fake money.” By making such a bold statement, the author of Rich Dad Poor Dad is trying to show Americans the dangers of centralized monetary policy.

Kiyosaki Supports Ron Paul’s Advocacy Against US Fed

On May 10, Kiyosaki took to X to highlight the “words of wisdom” shared by former US Congressman Ron Paul, who is pushing a motion in Congress to get back to a sound, honest money system.

Paul’s advocacy goes beyond the Fed to all central banks. He is pushing an amendment to the U.S. Constitution to eliminate the legal tender status of fiat money and return to a sound money standard.

“A central bank setting interest rates is price fixing and a form of socialist, Marxist economic control. It erodes personal wealth and undermines economic freedom,” Paul said.

This US Fed critic equated interest rate setting by Central Banks to socialist and Marxist economic control, citing that they are “price fixing.” Furthermore, he noted the possibility of this approach eroding personal wealth while undermining economic freedom.

The popular serial entrepreneur supports this stance against central banking systems as it aligns with his long-held concerns. In light of this conversation, Kiyosaki wrote,

“Fake money leads to dishonest money, dishonest statistics, dishonest accounting, dishonest balance sheets, dishonest compensation, dishonest relations, dishonest leaders, and corruption in everyday life.”

Kiyosaki suggested investment alternatives to fight this fiat system, including Bitcoin and precious metals like gold and silver.

Kiyosaki’s Consistent Advocacy For Bitcoin Over Paper Money

History shows that this is not the first time that Kiyosaki has criticized fiat currency, particularly the US dollars.

He once described the widely used dollar as a “dying” currency that the government inflates through spending and manipulation by the central bank. By all means, he consistently touts Bitcoin and precious metals as better hedges against inflation.

Just towards the end of 2024, the award-winning author warned of a global market crash and a major economic depression. Regarding the potential implosion, Kiyosaki advised his followers on the X platform to stack up BTC, hold silver and prepare for the crash.

Earlier this year, the crypto market saw some turbulence, causing several digital assets to lose the gains they made in the past months.

Rather than advise people to stay in fear and avoid investing, Kiyosaki urged them to use the opportunity to purchase Bitcoin as it was the best time to get rich. It is worth noting that a few weeks before this time, Robert Kiyosaki had predicted that the price of Bitcoin would hit $250,000 in 2025.

Despite the market value of the flagship cryptocurrency not looking anything like the expected level, the investor maintained his optimism.

Bitcoin Surges Past $103,000, Could Hit New ATH

Interestingly, Bitcoin has not disappointed Kiyosaki even when it faces intense volatility. From trading below $93,000 a few weeks ago, the coin has regained stamina and surged past $103,000.

At the time of this writing, BTC price was at $103,696.53, corresponding with a 0.65% increase within the last 24 hours. On-chain metrics suggest that Bitcoin has entered periods of parabolic growth and positive momentum. From here, it may reclaim its past all-time high of $109,114.88.