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Prominent entrepreneur, Bitcoin supporter, widely known for his popular book on financial self-education “Rich Dad Poor Dad,” Robert Kiyosaki, has addressed the global cryptocurrency community to discuss the long-running debate between those who bet on gold and those who prefer to invest only in Bitcoin.
“Gold or Bitcoin?” Kiyosaki clarifies his stance
Kiyosaki tweeted that he does not understand why many investors have been arguing as to which is better — gold or Bitcoin. “I don’t get it. Why all the debate about what is better?” he wrote.
There is no point in these debates, he suggests, hinting that it is wise to hold both assets. Sharing his take as a skilled investor with multi-year experience, he stated that “the only fact that counts” here is how many Bitcoins and how many gold coins an investor has.
In his multiple and frequently published tweets, Kiyosaki has been advocating for investing in Bitcoin, gold, and silver since 2020, when the pandemic struck the world and the U.S. government resumed quantitative easing measures, leading to increased money printing to support various sectors.
Amid ongoing geopolitical tensions in different regions, Kiyosaki highlighted the exponential growth of America’s national debt, emphasizing the risks associated with overspending, leading to massive debt accumulation and interest payments.
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Bond market crashing, buy Bitcoin: Kiyosaki
In a recent tweet, Kiyosaki reiterated the concerns about the rapid growth of U.S. national debt and highlighted the bond market’s instability due to the overwhelming debt burden solely on the U.S. economy.
Describing the bond market as a global debt system, Kiyosaki warned about deeper economic troubles signaled by its collapse, emphasizing the hidden and severe implications of banking crashes.
Encouraging the community to move away from saving traditional fiat currency, Kiyosaki advised investing in “real” assets like Bitcoin, silver, and gold as a hedge against economic uncertainties.
