Famous investor and author of best-selling finance book ‘Rich Dad Poor Dad’ Robert KiyosakiIn his latest criticism of traditional financial institutions, he shared the view that central banks like the US Federal Reserve do not exist to protect ordinary people and that their primary focus is on banks.
Kiyosaki explained in an
Him according to The main purpose of these institutions is “to protect the banks, not you”; Therefore, the financial educator advised his followers to “get smart” and protect themselves from central bankers by accumulating Bitcoin (BTC), the flagship asset of decentralized finance (DeFi), alongside precious metals like gold and silver.
Central Banks like the Fed are buying gold. Does this mean fiat money is safe? Hell no! Central Bankers are saving themselves from their own incompetence, that’s why they bought gold. Their job is to protect the banks not you. Get smart. Protect yourself from Central Bankers: Save…
NEWS CONTINUES BELOW— Robert Kiyosaki (@theRealKiyosaki) November 11, 2023
‘Real Assets’ Versus Government Money
Indeed, Kiyosaki’s recent recommendations to invest in the above assets echo his previous comments in which he argued that governments want war and poverty. So, in his opinion, working hard, spending wisely, and buying more gold, silver, and Bitcoin is a way to protect yourself.
The famous investor also recently reminded that the rich do not work for “fake” currencies like the US dollar, but instead invest in “real assets” such as rental properties, gold, silver and Bitcoin, which “provide lifelong financial security and freedom.”
Koinfinans.com Meanwhile, as we reported, the first cryptocurrency At the time of writing, the unit is trading at $37,013, down 0.24% in the last 24 hours. It continued to maintain its 5.99% gain over the previous seven days and a 37.83% increase on its weekly chart. Additionally, according to data on November 3, it recorded an increase of 123.71% in 2023.