Kiyosaki & Keiser: Bitcoin as Escape from Economic Woes

Economic Gurus Warn of Instability, Promote Bitcoin

Renowned author Robert Kiyosaki, known for Rich Dad Poor Dad, has issued a stark warning about the European economy. Coupled with this, Bitcoin advocate Max Keiser is urging investors to seek refuge in Bitcoin and consider El Salvador as a haven from Western economic turmoil.

Kiyosaki's Grim Outlook on Europe

Kiyosaki expressed his concerns on X (Twitter), painting a picture of financial and social instability across Europe. He specifically pointed to:

• France teetering on the brink of bankruptcy.
• Germany's energy policies crippling its manufacturing sector.
• A significant collapse of over 30% in the UK bond market.

Kiyosaki suggests a growing global distrust in Western nations' ability to manage their debt, highlighting the ongoing trend of Japan and China divesting from US Treasuries in favor of gold and silver.

“EUROPE is TOAST…French people are on the verge of a Bastille Day revolt… Civil war in Germany is brewing… This insanity is why I continue to recommend you save yourself — and save gold, silver, and Bitcoin,” Kiyosaki wrote.

He also noted the failure of the traditional “60/40” investment model, as both US Treasuries and European bonds decline.

Keiser Advocates for Bitcoin and El Salvador

Max Keiser, Bitcoin advisor to El Salvador's President Nayib Bukele, supported Kiyosaki’s warnings, viewing the situation as part of a larger “Fourth Turning” – a cyclical period of crisis and upheaval.

“France is just entering the 4th Turning and things (like inflation) will get much worse. Move to El Salvador — we are EXITING the 4th Turning — before France requires an exit visa to leave,” Keiser said.

Keiser positions El Salvador, the first nation to adopt Bitcoin as legal tender, as a safe haven. He sees Bitcoin as a critical tool for escaping collapsing fiat currency systems.

Other analysts have echoed these sentiments, noting historical parallels where empires crumble under the weight of excessive debt, wars, and detached leadership.

One analyst stated, “Bonds were supposed to be the safe asset. They’re imploding. 60/40 portfolios? Dead. Gold is memory. Bitcoin is exile.”

While acknowledging the risks, some crypto educators urge a balanced approach to these concerns. The question remains whether the world is headed for a monetary reset or an even deeper crisis.

The convergence of factors – European unrest, American debt, and failing bond markets – has put the spotlight on Bitcoin. As experts like Kiyosaki and Keiser point out, digital assets may be the new safe haven. For those looking to secure their digital assets, consider leveraging Codeum’s audit services to ensure the robustness of your smart contracts and the security of your blockchain applications.