Robert Kiyosaki Avocates Bitcoin Investment Amid Political Discontent

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Dec 4

Japanese-American entrepreneur and businessman Robert Kiyosaki has placed Bitcoin as a haven amidst the political discontent in the United States and has urged people to invest in the crypto asset in order to safeguard their financial well-being.

Robert Kiyosaki Urges Bitcoin (BTC) Investment

Early today, Robert Kiyosaki, best known for his book "Rich Dad Poor Dad," highlighted geopolitical turmoil and urged people to invest in alternative assets like Bitcoin.

The acclaimed author took to X (formerly Twitter) to express his stance on the crypto asset which was fueled by the Israel-Hamas war. According to him, the war is all about oil, which has motivated him to get an Electric Vehicle (EV).

He highlighted that in regard to the war, there will be a spike in gas prices. When this happens, the "poor becomes poorer and the liberal woke greenies will be happier."

Kiyosaki stated:

The war is about Oil. Higher gas prices are what Biden & Marxists want. Higher gas prices will make the poor poorer & liberal woke Greenies happier.

The author has suggested that people should be smart in times like this and avoid being a pawn for Biden and woke greenies. Due to this, he has urged people to invest in alternative assets like Gold, Silver, and Bitcoin. So as not to become poorer in times like this.

"Don't be a pawn of Biden and woke greenies. Fight back. Buy gold, silver, and Bitcoin. Don't become poorer because of Biden's higher gas prices," he stated.

Furthermore, Kiyosaki's X post also saw the author slamming and criticizing United States President Joe Biden. He called the US President the worst and weakest president in history.

Meanwhile, he further asserted that Biden is being controlled by the woke liberals. This is because Kiyosaki believes that the US president has been bought and paid for, and this makes him inefficient.

The Acclaimed Author Is Bullish About The Cryptocurrency Asset

Robert Kiyosaki's optimism on Bitcoin is no surprise to the cryptocurrency community, as the business mogul has been bullish on the crypto asset lately.

Last month, the author was seen praising Bitcoin as a significant edge over hyperinflation. According to him, the crypto asset is the "best protection" against what he believes to be an approaching wave of hyperinflation, akin to previous economic disasters.

Kiyosaki believes BTC is the best option due to the decentralized nature of the digital asset. He believes that its value is controlled by the people and not the leaders which makes it a safer haven.

He warns that "Food will always be valuable as will guns, gold, and silver. Yet I believe Bitcoin is your best protection because Bitcoin is People's money which means people control the value of Bitcoin, not our leaders. Take care."

Kiyosaki urging investors to purchase gold, silver, and Bitcoin comes at a time when their values are seeing notable movements. The price of BTC is currently above the $41,000 mark, which marks its highest level since May 2022.