Robert Kiyosaki Warns Against Fiat Currency, Advocates Bitcoin, Gold, Silver
1min read Robert Kiyosaki, the well-known author of "Rich Dad Poor Dad," has issued a warning about the risks associated with fiat currency, advising individuals to explore decentralized assets such as Bitcoin, gold, and silver. On May 10, 2025, Kiyosaki used the platform X to encourage people to move away from what he refers to as "fake money" and consider alternative investments. His perspective highlights a growing dissatisfaction with the influence of central banking systems.
Kiyosaki's views are supported by Ron Paul, a former Congressman and author of "End the Fed." Paul is known for his criticism of central banks, particularly their manipulation of interest rates, which he equates to price fixing. Paul argues that such interventions are rooted in socialist and Marxist theories, which he believes hinder personal asset growth and freedoms. Kiyosaki echoed Paul's sentiments, asserting that central banks' actions can lead to widespread dishonesty, affecting financial information, leadership behavior, and everyday transactions.
Kiyosaki's long-standing advocacy for personal financial independence is evident in his criticism of the U.S. dollar. He argues that excessive government spending and central bank policies degrade its value. Kiyosaki's views align with Austrian economic thought, which favors assets outside political control. Bitcoin, gold, and silver are highlighted as secure investment options, particularly in times of inflation. Bitcoin, being a decentralized digital currency, operates independently of central authorities, thus avoiding the manipulations condemned by both Kiyosaki and Paul. Gold and silver, with their limited supply, offer protection against inflation, making them traditional safe havens for investors.
Kiyosaki's call to action is rooted in his belief that centralization in finance erodes personal freedoms. He warns that when central banks manipulate interest rates and money supply, economic statistics can be skewed, corporate financials can be misrepresented, and personal relationships can be damaged. This perspective is in line with Ron Paul's "End the Fed" philosophy, which advocates for the disbandment of the Federal Reserve and the reinstatement of the gold standard. Paul argues that the Federal Reserve often prioritizes the needs of bankers over those of the common people, leading to economic instability.
Kiyosaki's advice to global investors is to consider Bitcoin, gold, and silver as non-traditional assets, especially in light of increasing economic instability. The growing reputation of Bitcoin as an inflation hedge is noteworthy, given its pricing dynamics that often diverge from established market norms. Kiyosaki's message is clear: in a world where central banks' actions can lead to significant economic risks, decentralized assets offer a path to financial freedom and security.
