Renowned author of “Rich Dad Poor Dad,” Robert Kiyosaki, has taken a bold stance against traditional finance, unleashing scathing criticism on Federal Reserve Chairman Jerome Powell, Treasury Secretary Janet Yellen, and Wall Street bankers. Notably, Kiyosaki once again chooses Bitcoin as a weapon of his choice in this financial battle.

Meanwhile, the celebrated advocate for the leading cryptocurrency passionately defends his choice, asserting that Bitcoin is the ultimate shield against the erosion of wealth through inflation, taxation, and stock market manipulations.

Robert Kiyosaki Slams Jerome Powell & Janet Yellen

In a recent post on the X platform, Kiyosaki explained why he likes to invest in the largest crypto by market cap, Bitcoin. He stated, “Bitcoin is protection against the theft of our wealth via our money.”

While lauding Bitcoin’s potential as a safer asset, he lambasted Fed Chair Jerome Powell, Janet Yellen, and Wall Street bankers for siphoning wealth through inflation, taxation, and stock price manipulations. In addition, Kiyosaki boldly distinguishes his financial strategy from conventional investments, stating, “That is why I save and invest in Bitcoin, not stocks, bonds, and fake dollars.”

This unyielding endorsement reinforces his reputation as a fervent advocate for cryptocurrency, encouraging investors to embrace the digital asset for its intrinsic value in safeguarding wealth.

Meanwhile, Kiyosaki’s commitment to Bitcoin transcends mere rhetoric. In a recent episode on ‘The Rich Dad Channel,’ he engaged in a comprehensive discussion about Bitcoin and silver’s roles in the financial landscape with industry experts.

Also Read: Bitcoin (BTC) Price Eyes $60,000 Target As Per MVRV Pricing Band

Bitcoin Knowledge & Success

Despite acknowledging limited knowledge about the flagship crypto, Robert Kiyosaki places his faith in Bitcoin’s success, attributing it to the involvement of “very smart people.” His mantra of ‘gold, silver, and Bitcoin’ underscores a pragmatic approach, acknowledging the global financial landscape’s complexities while championing the virtues of these alternative assets.

In addition, Kiyosaki’s bullish predictions for Bitcoin’s price reaching remarkable heights, corrected but not retracted, echo his unwavering belief in the cryptocurrency’s potential. While retracting the million-dollar projection, he still advises followers to heed the lessons of Bitcoin halving, positioning himself as a sage guiding investors through the volatile crypto terrain.

Robert Kiyosaki’s fervent endorsement of Bitcoin serves as a clarion call to investors, urging them to reassess traditional financial instruments and consider the digital alternative. As he continues to challenge the stalwarts of finance, Kiyosaki stands tall as a symbol of the evolving financial landscape, where Bitcoin emerges as a formidable force against wealth erosion and manipulation.

Meanwhile, as of writing, the Bitcoin price was down 0.91% from yesterday and traded at $43,002.47. Over the last 24 hours, the BTC price saw a high of $43,838.95 and a low of $42,691.07.

Also Read: Chainlink (LINK) Price Shoots 6.5% Eyeing A Potential Rally to $25-$30

The post Robert Kiyosaki Slams Jerome Powell & Janet Yellen Amid Bitcoin Advocacy appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am