Robert Kiyosaki Urges Investment in Bitcoin as Bond Market Teeters
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Renowned ‘Rich Dad, Poor Dad’ author Robert Kiyosaki has issued a stark warning about the potential collapse of the bond market, urging investors to divert their funds into “safer real assets” like Bitcoin. Kiyosaki criticizes financial advisors for promoting bonds as secure investments, cautioning that the failure of AAA bonds and commercial real estate could lead to significant losses for investors. His comments come at a time when financial stability is increasingly under scrutiny.
Bitcoin as a Viable Alternative
Kiyosaki is advocating for Bitcoin as a preferable investment choice, predicting that its price could surge to unprecedented levels. In a recent statement on the social platform X, he claimed that Bitcoin’s value could potentially reach $2.3 million and expects it to surpass $100,000 by September.
This advice aligns with his consistent preference for tangible assets over what he refers to as ‘phony’ fiat currencies.
A Long History of Financial Advice
Authoring ‘Rich Dad, Poor Dad’ with Sharon Lechter in 1997, Kiyosaki’s book has remained a bestseller for over six years, translated into 51 languages and sold in 109 countries. His insights have consistently advised investors to focus on gold, silver, and Bitcoin to safeguard against traditional market volatilities.
In March, Kiyosaki described Bitcoin as the “perfect asset at the right time” and disparaged the USD as a “giant Ponzi scheme.” His views offer a critical lens on traditional financial narratives and encourage a shift towards decentralized financial assets.
