Table content
# “Rich Dad Poor Dad” Writer: Digital currency Might Be a Fraud, But There’s a Larger Subterfuge
**Notice:** The opinions expressed here are just the author’s and don’t mirror U.Today’s position. This is for awareness purposes only, and U.Today isn’t responsible for any virtual currency buying and selling losses. Do your investigation and consult an economic advisor before putting money.
Robert Kiyosaki, the renowned private assets educator and writer of “Rich Dad Poor Dad,” is alerting about the international economic structure. He believes virtual currency might be a refuge in a coming breakdown.
He’s similarly not an admirer of Bitcoin ETFs, stating only genuine digital money is worth acquiring. He even concedes Bitcoin *might* be a fraud, but there’s a much bigger one in existence.
## Digital money: Swindle or Lifeline? Kiyosaki: Global Economy Declining, Predicts Bitcoin at $200,000
Kiyosaki posted that Bitcoin could be a swindle, as numerous doubters assert. Nevertheless, he believes the *actual* swindle is the American dollar and the U.S.A. banking structure, commencing with the Central bank. He mentions the individuals managing American financial institutions as “banksters,” an expression created by broadcaster Gerald Celente, who’s been an outspoken detractor of banking institutions.
> Is virtual money a fraud?
>
> Possibly…
>
> But not as large a fraud as the American dollar and the U.S. banking structure… that begins with the Central bank.
>
> They’re financial institution gangsters.
>
> As an illustration… when they blunder and misplace billions… the Central bank wrongdoers rescue them. They ought to be incarcerated.
Alright…
—Robert Kiyosaki (@theRealKiyosaki) March 1, 2025
The money expert brought up the recent bank collapses of 2023 when the American administration and the Fed rescued the banks by producing trillions of dollars.
“They ought to be incarcerated,” Kiyosaki stated.
Kiyosaki Criticizes Bitcoin ETFs
Robert Kiyosaki is of the opinion that this “criminal enterprise,” alluding to the Federal Reserve, “won’t endure much longer” and will probably fail in the not-too-distant future, even though he didn’t clarify when.
Robert Kiyosaki continued by saying that he anticipates the financial structure in the United States will crash, and the international financial system might follow suit. Consequently, he penned, it is prudent to acquire Bitcoin, actual gold, and silver—resources he deems secure that can withstand any financial market instability and even outlast banks.
Nevertheless, the “Rich Dad Poor Dad” writer cautioned his audience on his X social media outlet against putting money into Bitcoin exchange-traded funds (ETFs). He labeled them “banker’s currency,” maintaining that only authentic Bitcoin and its direct possession can genuinely function.
Last Friday, the world’s leading digital currency, Bitcoin, dropped below $80,000, reaching a low of $78,764 per unit. Since then, a recovery has transpired, with BTC increasing 7.79%. At the time of this composition, Bitcoin is exchanging at $84,972.
