Robert Kiyosaki Recommends Bitcoin but Admits to Knowing Little About It

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• Robert Kiyosaki continues to warn of a major economic collapse and the devaluation of the American dollar (USD).
• The author of ‘Rich Dad Poor Dad’ admits to knowing little about this decentralized finance (DeFi) asset.
• Bitcoin, the largest asset in the crypto industry by market capitalization, was trading at $42,205 on January 29th according to COINOTAG data.

The author of ‘Rich Dad Poor Dad,’ Kiyosaki, emphasizes that he will continue to advocate for Bitcoin despite knowing little about it.

Kiyosaki Recommends Bitcoin Despite Limited Knowledge

As the author of ‘Rich Dad Poor Dad’ and the bestselling author of a personal finance book, Robert Kiyosaki continues to issue warnings about a major economic collapse and the devaluation of the American dollar (USD), highlighting once again why Bitcoin (BTC) and silver should be in everyone’s portfolio.

Specifically, Kiyosaki, in an episode of “The Rich Dad Channel” released on January 24th, discussed Bitcoin and silver with Miles Franklin Precious Metals Investments CEO Andy Schectman and radio talk show host Charles Goyette, the author of ‘Red and Blue and Broke All Over’ book.

The author of ‘Rich Dad Poor Dad’ admits to knowing little about this decentralized finance (DeFi) asset but believes in the success of Bitcoin, stating that “very smart people” have invested in it and approve of it. He also explained:

“I always say ‘gold, silver, and Bitcoin,’ I know nothing about Bitcoin. I just know that very smart people are in it, and thank God I bought it early.”

On the other hand, Goyette was more cautious and preferred to try his luck with something “precious, durable, liquid, and desired for thousands of years” and advocated testing Bitcoin at his own cost, not at others’ cost.

However, Schectman pointed out that it doesn’t have to be an ‘either-or’ situation because “they are speaking the same language, and both are against brain-dead money systems, which has inspired a young generation to realize this.” Schectman added, “I think the problem is people thinking it has to be one or the other. There is room for both in a portfolio. Both are trying to accomplish the same thing,” he concluded.

Kiyosaki’s Previous BTC Predictions

It’s worth noting that Kiyosaki is a strong supporter of Bitcoin and has previously shared rising predictions that the price of the cryptocurrency could reach up to $1 million if the world economy collapses, although he later corrected these, advising his followers to pay attention to Bitcoin halving.

Meanwhile, as of January 29th, Bitcoin, the largest asset in the crypto industry by market capitalization, was trading at $42,205 according to COINOTAG data. This represents a 0.43% increase in the last 24 hours, still showing a 4.06% increase in the previous seven days and a 1.22% gain in the last month.