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‘Rich Dad’ Robert Kiyosaki wants you to Buy Bitcoin and Gold instead of Dollars $

Lebanese People should be the First to Follow his Advice

‘Rich Dad’ Robert Kiyosaki wants you to Buy Bitcoin and Gold because Dollar is Dying

“Rich Dad Poor Dad” author, and American businessman Robert Kiyosaki wrote a series of tweets this month with the headline “DEATH OF DOLLAR“. In his tweets, Kiyosaki advised American people to use the “free” money provided by the US government under the paycheck protection program (PPP) to buy gold, silver and bitcoin instead of saving in the US dollar.

Two days later, Kiyosaki told us why we shouldn’t invest in the stock market, but in Gold and cryptocurrencies.

A day later, Kiyosaki answered the question “Why is DOLLAR DYING”?  The story goes back to the 2008 crises, when the Federal Reserve printed 4.5 trillion dollars. I have watched “The Big Short” movies, and those who have seen it can surely relate to this and already know that 2020 is no different, only bigger. The prints now may reach 8 Trillion dollars according to Kiyosaki.

And in his most recent tweet, about the subject, 3 days ago, Kiyosaki told us that he does not trust humans made $, but God’s $ referring to Gold and Silver.

I am not an economist or financial advisor, but I believe that when you print so much money bills, you are going to get into trouble, inflation trouble. And unfortunately, in the US dollar case it is not USA trouble alone, this will affect the whole world that had its trust in US currency for ages.

As a Lebanese, I wish we heard this advice sometime earlier. Many of us could have avoided the financial and banking crises. But all is not lost, as the famous Fransabank commercial once said “tomorrow start now“, LMAO, I am going to take their slogan (just the words, not that I trust the bank or anything) as well as Kiyosaki’s advise, and start converting my little $ savings into Bitcoin Cash (BCH) currently trading at $233.17. Why BCH and not Bitcoin BTC? I will tell you in a future post, stay tuned.

Finally, if you decided to take Kiyosaki’s advice, and turn your savings dollars into Bitcoin or any other cryptocurrency, please make sure that you are using a trustworthy Bitcoin trading platform. You don’t want to end up giving it to fraud.

About Robert Kiyosaki

Robert Toru Kiyosaki is an American businessman and best selling author. Famous for his “Rich Dad Poor Dad” book Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! If you haven’t yet read it, I highly recommend it for you or as a gift for your loved ones (It is Sold Here: In English, In Arabic). Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos.

You can buy a whole set of financial and business education books by Kiyosaki on the below link from Amazon.ae.


Nizar Hakeem

Technologist, computer and communications engineering graduate, certified in the governance of Enterprise IT (CGEIT), AWS Cloud, and ITIL with 12+ years of solid experience in information technology systems infrastructure and a unique mix of both technical and business skills. Blogging about technology, movies, travel, and food!

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