Robert Kiyosaki Warns Against Bitcoin ETFs, Calls Fed a Scam

• Robert Kiyosaki urged investors to focus on owning Bitcoin, gold, and silver instead of debating their differences.
• He stated that all three assets are valuable in protecting wealth from economic instability.
• Kiyosaki cited Albert Einstein to emphasize that arguing over assets is unproductive.

Robert Kiyosaki, the author of Rich Dad Poor Dad, recently addressed the debate over Bitcoin, gold, and silver. He urged investors to focus on how much of these assets they own instead of comparing their merits. Kiyosaki also criticized the Federal Reserve and warned against Bitcoin exchange-traded funds (ETFs), calling them a form of “bankster’s money.”

Bitcoin vs. Gold Debate Sparks Controversy

Kiyosaki questioned why people waste time comparing BTC, gold, and silver instead of accumulating them. He emphasized that the key to financial security is owning tangible assets rather than discussing their differences. His stance suggests that all three are valuable in protecting wealth against economic instability.

He cited Albert Einstein, stating that human ignorance is limitless, implying that arguing over assets is unproductive. His position sparked controversy, with many arguing that Bitcoin is superior to precious metals. Some supporters claimed that Bitcoin is the hardest asset, while others defended gold’s historical role in preserving wealth.

Kiyosaki’s remarks triggered mixed reactions, with some agreeing and others firmly disagreeing. Bitcoin advocates insisted that only Bitcoin has the properties of real money in the digital era. Meanwhile, gold and silver proponents maintained that precious metals have stood the test of time as reliable stores of value.

Kiyosaki Criticizes Banks and Money Printing

In a surprising tweet, Kiyosaki suggested that Bitcoin might be a scam, causing a stir in the financial community. He stated that while many believe BTC is legitimate, it could still be deceptive. However, he clarified that the Federal Reserve and its money-printing policies are, in his view, the biggest scam.

He criticized the Federal Reserve for printing money to bail out banks, calling financial institutions “banksters.” Kiyosaki accused the Fed of enabling reckless financial behavior, leading to economic crises. He argued that relying on government-issued currency is riskier than investing in alternative assets.

Despite his concerns, Kiyosaki reaffirmed his support for BTC as an investment. He warned investors against Bitcoin ETFs, suggesting financial institutions control them. Instead, he advised individuals to buy and hold Bitcoin directly for financial security.

Gold and Silver Remain Core to Kiyosaki’s Strategy

Kiyosaki reiterated his belief in gold and silver as essential safe-haven assets. He argued that physical metals provide long-term protection against inflation and currency devaluation. His investment philosophy focuses on tangible assets rather than financial instruments controlled by institutions.

He advised investors to hold real gold and silver instead of paper-backed alternatives like ETFs. According to him, physical ownership ensures security, while financial products linked to metals can be manipulated. His stance aligns with his broader distrust of banks and financial institutions.