The post R. Kiyosaki slams gold’s ‘Mr. Big Mouth No Balls’ for criticizing MicroStrategy’s BTC plan appeared on BitcoinEthereumNews.com.

Investor and author of the best-selling personal finance book Rich Dad Poor Dad, Robert Kiyosaki, has criticized an unnamed gold advocate for disparaging MicroStrategy’s (NASDAQ: MSTR) Bitcoin (BTC) investment plan. Kiyosaki labeled the critic ‘Mr. Big Mouth No Balls,’ accusing him of hypocrisy for attacking Michael Saylor, MicroStrategy’s executive chairman, Bitcoin purchases while seemingly wishing the company had invested in gold instead, he said in an X post on November 23.  In this regard, Kiyosaki defended Saylor for leveraging the company’s treasury to invest billions in Bitcoin, calling him a “genius.” According to Kiyosaki, the approach has created wealth for himself, his company, and its investors.  “Would Mr. BIG MOUTH and No BALLS be happier if Saylor bought Mr. BIG MOUTH gold? Of course, Mr. Big Mouth with no Ball,s would be happier if Saylor bought billions in gold. I think Michael Saylor is a genius.  I am following Saylor’s tactical Bitcoin investment plan…. obviously not to Saylor’s dollar size….yet making myself and my company’s employees richer and Jobs much more secure….especially in these treacherous financial times,” he said.  The financial educator, who has long advocated for gold and silver, highlighted Bitcoin as a crucial hedge against what he termed ‘fake dollars’ printed by the Federal Reserve.  “I still invest in gold and silver because the real problem is our fake dollars, printed by a corrupt Central Bank…known as “The Fed” and a Treasury Department filled with bureacrats,” he added.  Initially, Kiyosaki, who has continued to warn of a major economic crash, dismissed the debate between Bitcoin and gold. He considers both asset classes equal as they serve the purpose of protecting wealth. MicroStrategy’s BTC plan criticism  Although Kiyosaki failed to name the individual in question, it is worth noting that economist and gold bug Peter Schiff has been critical…

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Filed under: News - @ November 23, 2024 1:23 pm