Robert Kiyosaki Backs Bitcoin and Ethereum Amid Debt Fears
The Rich Dad Poor Dad author is moving away from fiat currency as US national debt approaches 40 trillion dollars.
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LIVERobert Kiyosaki is sounding the alarm on the US national debt. With the total burden nearing 40 trillion dollars, the famous author is doubling down on his strategy of holding hard assets. He argues that fiat currency loses value over time and that investors should prioritize gold, silver, Bitcoin, and Ethereum to protect their personal wealth.
Kiyosaki highlights that the US government currently adds roughly 1 trillion dollars to the national debt every three months. He points to the fixed supply of Bitcoin as a primary reason for his confidence, noting that its capped 21 million coin limit offers a defense against government money printing. He also views Ethereum as a major piece of the puzzle due to its utility in the growing decentralized finance sector.
While his market outlook remains very optimistic, some critics point out that his predictions of a massive financial collapse have yet to occur. Others warn that these assets come with significant risks, such as high market volatility and a lack of predictable yields. Regardless of the timing of any potential economic reset, his message serves as a reminder for investors to think carefully about how they store their value in a debt heavy economy.
Prices update live from CoinMarketCap. Market data, not financial advice.
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