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Bitcoin

Bitcoin Is The Future, US Dollar Is A Scam—Robert Kiyosaki

Christian Encila
by Christian Encila
6 months ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad”, is making headlines again with his criticism of the US dollar. In a recent social media post, he called the currency a “scam” and warned about the dangers of relying on the traditional banking system. Instead, he suggested that Bitcoin, gold, and silver are better options for protecting wealth.

Related Reading: Crypto Heads To The White House As Trump Hosts 1st Summit

Bitcoin Might Be A Scam, But The Dollar Is Worse: Kiyosaki

Kiyosaki’s latest statement got people talking. He admitted that Bitcoin could be a scam, but added that the US dollar and the banking system are even bigger ones. He believes that the Federal Reserve, which controls the money supply, plays a major role in keeping people trapped in a broken system.

In his view, central bankers—whom he refers to as “banksters”—are responsible for financial instability. He accused them of mismanaging money and receiving government bailouts while ordinary people suffer the consequences.

Is BITCOIN a SCAM?

It might be….

But not a big a scam as the US Dollar and the US Banking System…. Starting with the Fed.

They are BANKSTERS.

For example…. When they F. U. and lose billions…. The criminals at the Fed bail them out. They should go to jail.

That’s…

— Robert Kiyosaki (@theRealKiyosaki) March 1, 2025

US Debt And Inflation Are A Major Concern

Another big issue for Kiyosaki is inflation. He has been warning for years that rising US debt will lead to higher prices and a weaker dollar. The government’s growing financial troubles, he says, will only make things worse.

That’s why he keeps pushing for alternative investments. Bitcoin, gold, and silver, he believes, offer protection against the risks of a failing currency. These assets, he says, can hold their value over time, while the dollar keeps losing purchasing power.

BTC is now trading at $85,222. Chart: TradingView

Kiyosaki Advises Holding Bitcoin, Not ETFs

Kiyosaki also has strong opinions on Bitcoin exchange-traded funds (ETFs). While some investors see ETFs as an easy way to get exposure to Bitcoin, he disagrees. He believes it’s much safer to own Bitcoin directly rather than through an investment product controlled by financial institutions.

His reasoning is simple—if you don’t own the actual asset, you don’t have full control. If something goes wrong with the ETF provider, investors could face losses they didn’t expect. For Kiyosaki, direct ownership is the only way to go.

Related Reading: TRUMP Meme Coin In Hot Water As Democrats Push Presidential Crypto Ban

Many Investors Share His Concerns

Kiyosaki’s ideas may seem far-fetched, but he’s not the only one who worries about them. A lot of people don’t trust the government or central banks with their money. Inflation is eating away at savings, and people are losing faith in standard banking.

Bitcoin is becoming more and more popular, especially among people who see it as a way to protect their money. A lot of investors are paying attention to Kiyosaki’s warnings about the US dollar, even if some don’t agree with him.

Featured image from Avira, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Christian Encila

Christian Encila

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Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

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