Robert Kiyosaki Warns Against Bitcoin ETFs, Advocates Direct Ownership Amid Financial Turmoil
Mar 3, 2025, 11:11 a.m.
3 sources
In a recent post, Robert Kiyosaki, author of 'Rich Dad Poor Dad,' cautioned investors against using exchange-traded funds (ETFs) for investing in Bitcoin and precious metals. He believes direct ownership of assets is essential to protect against the corrupt banking system. Kiyosaki labels Bitcoin, gold, and silver ETFs as 'banksters’ money' and predicts potential financial disaster due to the U.S. banking system's failures. Despite recent Bitcoin price volatility, he views the downturn as an opportunity, stating he is buying Bitcoin as it crashes. His critical stance on central bankers and the U.S. dollar stems from concerns over inflation and the country's overwhelming debt, suggesting a significant economic collapse may be imminent if major bondholders pull out. Kiyosaki is also optimistic about silver’s potential growth.
Kiyosaki's warning and advocacy for direct ownership may initially lead to price uncertainty for Bitcoin, but his optimism during price drops could stimulate buying interest.
Sources
Bitcoin a scam? ‘Rich Dad Poor Dad’ author says US dollar is worse, disses Fed
crypto.news
01.03.2025 14:03
'Rich Dad Poor Dad' Author Reveals Stunning Fact About Bitcoin and Gold
u.today
03.03.2025 08:10
Bitcoin Is The Future, US Dollar Is A Scam—Robert Kiyosaki
Bitcoinist.com
02.03.2025 20:30
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