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Cryptocurrency News Articles

Robert Kiyosaki, author of “Rich Dad Poor Dad”, has addressed his followers on the X platform to talk Bitcoin to them.

May 10, 2025 at 02:49 pm

In this tweet, Kiyosaki cited the former US congressman Ron Paul and his negative attitude to central banks.

Robert Kiyosaki, author of “Rich Dad Poor Dad”, has addressed his followers on the X platform to talk Bitcoin to them.

Kiyosaki has shared a post on X, formerly known as Twitter, where he is continuing his warnings about the US dollar and advising people to invest in Bitcoin (BTC), silver, and gold.

In this post, he has cited former US congressman Ron Paul and his negative attitude to central banks.

“A central bank setting interest rates is price fixing and a form of central planning that is designed to steal your wealth, destroy production, steal our freedoms,” Paul said.

According to Kiyosaki, the former congressman is the author of the “End the Fed” book and is a major advocate of eliminating the Federal Reserve, as well as all central banks. He suggested the world should go to a “sound honest money system.”

“We should be on our own decentralized gold, silver, and Bitcoin standard,” Kiyosaki added.

It is worth noting here that Ron Paul is also a renowned proponent of the world’s very first cryptocurrency. But going back to Kiyosaki, he shared a piece of advice that he has recently repeated many times but it different forms: do not save “fake money” (this is what he calls unbacked US dollars) but invest in Bitcoin, silver, and gold.

And he does not mean ETFs or any similar tools, only direct ownership: “Get on your own decentralized gold, silver, and Bitcoin standard.” He also says that Bitcoin can help you “fight back” against central banks.

Earlier this week, Kiyosaki issued an alert tweet about major Japanese car producers adjusting their plans regarding selling and producing their cars in the US – Toyota, Honda, and Nissan. Nissan and Honda, in particular, are cancelling their plans for part of their automobile production in the US.

Honda and Nissan are also cancelling their merge because of the trade tariffs implemented by US president Donald Trump. Trade tariffs for China are the biggest and have reached 150% with China mirroring this tactics against US goods.

Kiyosaki advises that people prepare for a tremendous market crash coming soon and buy Bitcoin: “Regardless, gold, silver, and Bitcoin are still your defense in this global war caused by greed, insanity, and fear.”

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Other articles published on May 10, 2025