Why Kiyosaki Doesn’t Trust Cash
Kiyosaki believes that saving money in fiat currency (like the US dollar) is a bad idea because inflation makes it worth less over time. “Unfortunately, most people work for and save ‘fake money,’” he said in a recent tweet. He calls inflation “government theft” because it reduces people’s purchasing power while making the rich even richer.
To avoid this, he encourages people to invest in assets that don’t lose value over time. “I want you to grow richer… not poorer. Please start working for and saving gold, silver, and Bitcoin,” he advised.
Bitcoin or Precious Metals: Which is Better?
Even though Kiyosaki supports Bitcoin, he recently said that silver is the best investment for the next two months. “Silver for the next two months is the best of the three, gold, silver, and Bitcoin,” he tweeted. He believes silver, currently around $35 an ounce, could hit $70 this year and even $200 in the next couple of years.
Bitcoin, on the other hand, is a long-term bet. Since there will only ever be 21 million Bitcoins, Kiyosaki thinks its limited supply makes it a great hedge against inflation. Unlike cash, which governments can print endlessly, Bitcoin is designed to be scarce—something investors see as a big advantage.
Should You Invest Now?
Kiyosaki says it’s still not too late to invest, especially in silver. “Almost everyone in the world can afford at least 1 silver coin today… but not tomorrow,” he wrote. His point is that assets like silver and Bitcoin could become more expensive in the future, making them harder to buy.
For anyone worried about inflation, Kiyosaki’s advice is clear: don’t rely too much on fiat money. Investing in Bitcoin, gold, or silver might be a smarter way to protect wealth in the long run.
The Rich get RICHER:
For many, many years I have been recommending people not save “fake money” a.k.a. FIAT government money. For years I have recommended saving real gold and silver coins…recently Bitcoin.
Unfortunately most people work for and save “fake money.”
As the…
— Robert Kiyosaki (@theRealKiyosaki) March 28, 2025
Also Read: Bitcoin and the psychology of wealth: Robert Kiyosaki on why most people stay poor
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
