Robert Kiyosaki, the esteemed financial wizard and investor, who has notably put his faith and funds into Bitcoin and gold, is also the author behind the groundbreaking finance management book, “Rich Dad Poor Dad.” With a dedicated following that spans millions, Kiyosaki recently took to his X network platform to impart a piece of wisdom regarding the intricacies of money—an insight he deems crucially fundamental and a direct lesson extracted from the pages of his book that first saw the light in the late 1990s.
This particular nugget of knowledge, according to Kiyosaki, revolves around a theme so pivotal that it could be considered an essential takeaway from his extensive career in financial mentorship. The crux of Kiyosaki’s message pertains to understanding money’s central role in not just economies but in the personal fabric of our lives.
“Money secret” from Robert Kiyosaki
In a candid reveal on his X account, Kiyosaki engaged his multitude of followers by exposing what he calls “the two biggest lies ever told.” These were illustrated as the fairy-tale closure of “and they lived happily ever after,” alongside the oft-heard proclamation, “I’m not interested in money.” The mind behind “Rich Dad Poor Dad” elucidated that money, contrary to some popular beliefs, holds a pivotal position within the dynamics of family life, boldly stating, “more marriages break up because of the lack of money, than infidelity.” Further broadening his discussion, he mentioned, “And there are many marriages that break up because of too much money.” This paints a vivid picture of the dual-edged sword that is financial prosperity and scarcity.
LESSONS FROM RICH DAD: “The two biggest lies ever told are:
1: “And they lived happily ever after.”
2: “I’m not interested in money.”There are two truths:
1: More marriages break up because of the lack of money, than infidelity.
2: And there are many marriages that…
— Robert Kiyosaki (@theRealKiyosaki) September 8, 2024
Kiyosaki’s penchant for sharing such enlightening “Rich Dad lessons” is a testament to his commitment to financial education. Beyond these insights, he often delves into discussions on Bitcoin, the world’s premier cryptocurrency, in his social media discourse. Viewing BTC as a risk-off asset akin to gold and silver, Kiyosaki has on numerous occasions encouraged his audience to diversify their portfolios with these assets. Remarkably, he has openly shared his personal investment decisions, revealing the addition of more Bitcoin to his holdings whenever the cryptocurrency’s value experienced a downturn within the year.
“Trillion dollar reason” to buy Bitcoin from Kiyosaki
In an illuminating tweet made during the last week of August, Kiyosaki disclosed what he termed a “one trillion dollar” rationale for bolstering one’s investment in Bitcoin, alongside silver and gold. This argument centers around the escalating national debt of the US, a concern that Kiyosaki underscores with the startling statistic of a $1 trillion increase every 100 days. He attributes this burgeoning debt to the government’s rampant printing of dollars, rendering fiat money increasingly devalued—a sentiment reflected in several of Kiyosaki’s previous tweets.
In light of these developments, Kiyosaki theorizes that in the face of a collapse of the US dollar and other fiat currencies, coupled with impending mega inflation affecting major economies, assets like Bitcoin, gold, and silver may stand as the remaining bastions against the obliteration of personal wealth. His prediction even went as far as suggesting a potential spike in Bitcoin’s value to $350,000 this August, a forecast that did not materialize as anticipated.
In drawing our discussion to a close, it’s clear that Kiyosaki’s perspectives and financial forecasts, whether coming to pass or falling short, invigorate the discourse around personal finance and investment. His candid revelations and advice, met with both enthusiasm and skepticism, serve not only to educate but also to provoke thought and debate amongst his audience and beyond. For those keen on staying abreast of the latest in financial trends and discussions, the journey through money’s complex landscape continues at DeFi Daily News.
As the financial landscape continues to evolve, with cryptocurrencies and traditional assets alike experiencing their shares of peaks and troughs, Kiyosaki’s insights remind us of the enduring values of diversification, caution, and above all, the pursuit of knowledge in our quest for financial stability and growth. His narrative, rich with lessons from the past and speculations about the future, bridges the gap between financial education and entertainment, making the exploration of economic principles as enlightening as it is enjoyable.
