Robert Kiyosaki: Gold and Bitcoin Over Dollar Savings

Robert Kiyosaki, the renowned author of "Rich Dad Poor Dad," has recently advocated for investing in gold and Bitcoin over saving in dollars. In a tweet on February 7, 2025, Kiyosaki stated, "WHY I bought more gold and Bitcoin. Answer: Owning gold and Bitcoin is smarter and safer than saving dollars." This sentiment reflects his long-standing belief in the value of alternative assets as a hedge against inflation and economic uncertainty.

Kiyosaki's perspective on the U.S. dollar's value and purchasing power significantly influences his preference for alternative assets like gold and Bitcoin. He believes that the U.S. dollar's purchasing power has diminished by nearly 95% since 1996 due to inflation. This decline in purchasing power makes saving in dollars less attractive. In contrast, gold and Bitcoin have the potential to hold their value or even appreciate during inflationary periods, making them more attractive for wealth preservation purposes.
Gold, in particular, has recently hit record highs, indicating that precious metals are a more reliable store of value. Bitcoin and other cryptocurrencies are also considered to be inflation protection tools. Kiyosaki recommends diversifying one's portfolio to include alternative assets like gold and Bitcoin to shield against economic collapse.

Kiyosaki's advocacy for gold and Bitcoin over dollar savings aligns with a growing trend among investors who are increasingly turning to alternative assets due to concerns over inflation and the declining purchasing power of the dollar. This trend reflects a broader shift in the global economy, as investors seek safer and more stable investment options.
In conclusion, Robert Kiyosaki's advocacy for gold and Bitcoin over dollar savings highlights the potential of these alternative assets as hedges against inflation and economic uncertainty. Their limited supply, historical performance, and potential for appreciation during inflationary periods contribute to their appeal as alternative investments. As the global economy continues to evolve, investors may increasingly turn to gold and Bitcoin as a means of preserving their wealth and protecting against economic uncertainty.