In a recent tweet, 'Rich Dad Poor Dad' author Robert Kiyosaki dubbed cash 'trash' and urged his followers to pivot to hard assets like gold, silver, Bitcoin, and Ethereum. He illustrated the staggering scale of fiat inflation by noting that spending $1 per minute would take 34,000 years to exhaust $1 trillion, while the U.S. Federal Reserve and Treasury can effectively create that amount in under a minute. Kiyosaki concluded that 'savers of dollars are losers.'
Meanwhile, market analysts observe that both Bitcoin and Ethereum are trading near bear market lows. Bitcoin rebounded from roughly $59,000 on June 5, and CryptoQuant indicates it is entering a zone historically associated with bottom formation, though on-chain signals still point to capitulation. Ethereum sits 67% below its all-time high in extremely oversold territory, with Binance recording an all-time high in ETH open interest as traders brace for the next significant move.
