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Cryptocurrency News Articles

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on fiat currency — and urging his followers to ditch “fake money” for real assets like gold, silver, and Bitcoin.

Mar 28, 2025 at 08:03 pm

Kiyosaki reiterated his long-standing critique of government-issued currency, warning that those who rely on fiat savings will only get poorer as inflation eats away at their purchasing power.

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on fiat currency — and urging his followers to ditch “fake money” for real assets like gold, silver, and Bitcoin.

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on fiat currency — and urging his followers to ditch “fake money” for real assets like gold, silver, and Bitcoin.

Kiyosaki, known for his outspoken views on economics and investments, took to X on Tuesday to continue his critique of government-issued currency, warning that those who rely on fiat savings will only get poorer as inflation eats away at their purchasing power.

“For many, many years I have been recommending people not save ‘fake money’ a.k.a. FIAT government money,” Kiyosaki said.

“For years I have recommended saving real gold and silver coins…recently Bitcoin. While I like all three, for the next two months silver is the best of the three.”

Kiyosaki noted that silver is currently priced at around $35 an ounce, a level he believes may soon double.

“I believe silver may soon be $70 an ounce this year and $200 in a year or two. The best news is, almost everyone in the world can afford at least 1 silver coin today….but not tomorrow,” he added.

Despite his current bullishness on silver, Kiyosaki remains a vocal supporter of Bitcoin and regularly criticizes what he sees as unsustainable government spending and central bank policies. He’s previously called Bitcoin “insurance against a dying dollar” and predicted a long-term price of $1 million for the cryptocurrency.

“We are in the greatest bubble in history. Government spending out of control. Biden, Trump, no difference. Both parties focused on getting reelected, not on what’s best for the people,” he said.

Kiyosaki's message to his followers was clear: “I want you to grow richer… not poorer. Please start working for and saving gold, silver, and Bitcoin.”

While Bitcoin has gained a solid 20.4% year-on-year, silver has surged 37.21%, making it the best performer among the two. Gold has also held strong, rising 36.64% in the same period.

At the time of writing, Bitcoin was trading at $85,136.04 according to Kraken's price feed, while silver was priced at $34.42 per ounce and gold stood at $3,074.75.

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Other articles published on May 10, 2025