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Robert Kiyosaki Advocates for Bitcoin and Ethereum as Inflation Hedges

Robert Kiyosaki Advocates for Bitcoin and Ethereum as Inflation Hedges

Cryptocurrency

Robert Kiyosaki, the author of 'Rich Dad Poor Dad', has reiterated his support for Bitcoin and Ethereum as hedges against inflation. He advised investors to abandon fiat currency and instead save in BTC or ETH.

Kiyosaki: Bitcoin and Ethereum as "Real Money"

In a recent social media post, Kiyosaki urged investors to focus on "real money" like BTC, ETH, gold, and silver rather than government-issued currency. While pleased with the rising value of these assets, he expressed concern over inflation's impact on the poor and middle class.

Kiyosaki described government money as "fake," benefiting the rich while disadvantaging the poor. He encouraged holding assets like Bitcoin and Ethereum as opposed to fiat.

Max Keiser Supports Kiyosaki's Views

Bitcoin advocate Max Keiser echoed similar views, referencing a 2021 post by Jack Dorsey on hyperinflation. Keiser emphasized the validity of Dorsey's prediction, citing recent trends in gold and BTC as evidence.

Recently, Bitcoin's price surged past $126,000 before a market correction, as investors sought protection against inflation and economic uncertainties. Keiser advised focusing on Bitcoin as a safe-haven asset, noting its "unconfiscatable" nature compared to gold and silver.

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