The cryptocurrency market continues to receive significant commentary. Robert Kiyosaki, the famous author of “Rich Dad Poor Dad,” shared his notable thoughts with his followers. In the face of the global inflation threat that is lowering living standards, he reiterated his support for commodity assets such as Bitcoin, gold, and silver.
The rise in the commodity market continues to attract the interest of many investors. Accordingly, the price per ounce of gold recently surpassed $2,000, showing a stable recovery in a market environment where globally accepted fiat currencies are weakening.
In addition to the rise in gold, Kiyosaki, a strong supporter of the Bitcoin ecosystem, advised his more than 2.4 million social media followers to reduce their dependency on the “fake money system” created by fiat currencies, highlighting the issue of inflation.
Kiyosaki states that an average person trying to save money by relying on fiat currencies is actually losing out in these market conditions, recommending commodity investment products such as gold, silver, and Bitcoin. On social media, he expressed, “Don’t be a loser. Get out of the fake money system. Invest in gold, silver, and Bitcoin now. Before it’s too late.”
On November 23, Kiyosaki brought clarity to an important issue by criticizing the complacent government for the increasing inflation and the subsequent daily struggle it causes.