Rich Dad Poor Dad Author Robert Kiyosaki: Crypto Is the Future, Fiat Money Is Toast
The best-selling author of Rich Dad Poor Dad, Robert Kiyosaki, says “crypto is the future.” In contrast, he said fiat currencies, including the U.S. dollar, are “toast.” He referred to fiat money as fake money, while gold and silver are “God’s money” and bitcoin is “people’s money.”
Robert Kiyosaki Sees Crypto as the Future
The author of Rich Dad Poor Dad, Robert Kiyosaki, believes that cryptocurrency is the future. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
In a post on social media platform X Saturday, Kiyosaki noted that there is a “massive crypto conference” going on in Singapore, emphasizing that it’s “very exciting.” The famous author added:
Crypto is the future. Fiat…a.k.a. FAKE money is toast.
Kiyosaki has long cautioned that fiat currency’s days are numbered. He consistently referred to fiat money, including the U.S. dollar, as fake money. In his view, gold and silver are “God’s money,” while bitcoin is “people’s money.”
In July, he said that a giant crash is coming and the end of the U.S. dollar is approaching. In February, the renowned author predicted a severe economic downturn that will force the Federal Reserve to print billions in fake money. Furthermore, he expects the trust in the U.S. dollar to be destroyed. Consequently, he projected that by 2025, gold would hit $5,000, silver would climb to $500, and bitcoin would surge to $500,000.
The famous author has been recommending bitcoin alongside gold and silver for quite some time. He previously revealed that he is a bitcoin investor, not a trader. He also said that he likes bitcoin because it’s classified as a commodity much like gold, silver, and oil. He noted that most crypto tokens are classified as a security by the U.S. Securities and Exchange Commission (SEC), cautioning that the securities watchdog will crush most of them with heavy regulations.
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