Robert Kiyosaki said that it’s either now or never, and “Owning gold, silver, and Bitcoin is better than being a loser…saving fake money”.
Coinbase CEO Brian Armstrong said that Bitcoin could be the ultimate beneficiary of the ‘Beautiful bill’ emerging as a reserve currency.

Since U.S. debt is rising and there is a clash between Elon Musk and U.S. President Trump over crypto, Robert Kiyosaki has advised investors to buy Bitcoin, gold, and silver. He declared that otherwise investors could end up owning what he refers to as “fake money.” Known for disliking fiat currencies, Robert Kiyosaki is encouraging everyone to make changes before it is too late.

Robert Kiyosaki Urges to Invest in Bitcoin Amid Crisis

In a post written on X, Kiyosaki reminded people to act promptly when new financial opportunities appear. Kiyosaki’s remarks come as part of a broader debate about the future of the U.S. economy as the US national debt surges past $36 trillion.

Moreover, the proposal to enact the “One Big Beautiful Bill”, backed by Donald Trump, aims to increase government spending in key areas. It suggests increasing the debt ceiling, which has led to major criticism from lawmakers and former Trump allies like Elon Musk. In the meantime, Donald Trump’s media group also filed for spot Bitcoin ETFs. 

Amid the ongoing developments, Kiyosaki has urged his followers to increase exposure to hedge assets and commodities like Bitcoin, Gold, and Silver. Interestingly, the ‘Rich Dad’ author believes that the Silver price could literally double by the year-end to $70 per ounce, as highlighted in the previous story.

After Elon Musk referred to the bill as an “abomination,” Donald Trump said he would cut all government business with Musk’s Tesla and SpaceX companies. The feud continued when Musk claimed that Trump was involved with the Jeffrey Epstein investigation, and Trump responded that Musk was really upset about the elimination of tax credits for electric vehicles.

The clash resulted in real damage: investors lacked confidence, and as a result, the crypto market dropped over 4% and lost more than $180 billion. The Tesla stock price also dropped by 17% on Thursday, as a result of which Bitcoin evangelist Samson Mow suggested that Musk should invest Tesla’s assets in Bitcoin.

Is the Big Beautiful Bill Bullish for Bitcoin?

Brian Armstrong, CEO of Coinbase, added that unless the government takes action to tackle the deficit, Bitcoin could emerge as the preferred global reserve currency. Armstrong mentioned that Bitcoin could replace the dollar as the main currency if people fail to watch Congress.

Bitcoin maximalists are also echoing the bullish sentiment. Max Keiser claimed Trump’s “invite to print-to-death” with the spending bill is aimed at inflating the Bitcoin price toward reaching $2.2 million.

Amid the current macro uncertainty, corporations are rushing to increase their Bitcoin exposure. Japanese company Metaplanet plans to acquire over 210,000 BTC by 2027 by raising $5.4 billion. Moreover, Michael Saylor’s Strategy already holds 580,955 BTC.

*Metaplanet Issues 555 Million Shares of Moving-Strike Warrants, Expected Proceeds: ~$5.4b to Buy Additional $BTC; Largest Stock Acquisition Rights Issuance in Japan Capital Markets History & 1st Moving Strike Warrant Ever Issued Above Market* pic.twitter.com/ZgwiRE3GmU

— Metaplanet Inc. (@Metaplanet_JP) June 6, 2025

On the other hand, Bitcoin critic Peter Schiff still considers Silver a better alternative to Bitcoin. He wrote:

Since the first day of the Las Vegas Bitcoin conference last month, Bitcoin is down about 7.5%, while silver is up about 7.5%. So, attendees would be 15% better off had they sold their Bitcoin the day the conference started and bought silver, the only real alternative to gold. 

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Filed under: Bitcoin - @ June 6, 2025 7:26 pm