Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, has once again championed Bitcoin and precious metals as essential tools for building generational wealth—while issuing a stark warning against saving in fiat currency.
In a series of posts on X (formerly Twitter), Kiyosaki criticized what he calls “fake money”—government-issued fiat currencies—arguing that inflation is a form of “government theft” that erodes the purchasing power of everyday savers.
“For many, many years I have been recommending people not save ‘fake money’ a.k.a. FIAT government money. For years I have recommended saving real gold and silver coins… recently Bitcoin,” he wrote on March 28.
Saving Real Assets, Not “Fake Money”
Kiyosaki urged his followers to ditch fiat currencies in favor of alternative stores of value such as gold, silver, and Bitcoin. He warned that those who continue saving in dollars and other fiat currencies are on the losing side of the inflationary divide.
“Unfortunately most people work for and save ‘fake money,’” he said, adding that the path to prosperity lies in converting earnings into real assets.
Bullish on Silver and Bitcoin
While Kiyosaki has long advocated for gold and Bitcoin, he expressed particular enthusiasm for silver as a short-term opportunity.
“Today silver is about $35 an ounce. I believe silver may soon be $70 an ounce this year and $200 in a year or two,” he said, calling silver “the most affordable real money in the world.”
He emphasized that nearly everyone can afford at least one silver coin today, but warned that this may not be the case much longer.
FOMO vs. FOMM: Two Paths
In a separate post from March 24, Kiyosaki addressed psychological barriers to investing, stating that FOMM (Fear of Making Mistakes) keeps people poor far more than FOMO (Fear of Missing Out).
“The biggest opportunity in history is here… BITCOIN has made it easy for everyone to become rich. Yet most will miss this opportunity due to FOMM,” he said.
Kiyosaki believes that the wave of FOMO-driven Bitcoin investors will ultimately build generational wealth, while the FOMM crowd will be late to the party—only acting after prices soar beyond $200,000.
Do Your Own Research
Kiyosaki also encouraged his followers to educate themselves outside of traditional institutions, suggesting that financial literacy now comes from platforms like YouTube—not Wall Street or school systems.
He recommended following well-known Bitcoin advocates such as Jeff Booth, Michael Saylor, and Samson Mow, while also seeking out dissenting voices to form a well-rounded view.
Final Thoughts
Kiyosaki’s message is clear: wealth in the modern era won’t be built through traditional savings methods. Instead, he believes that investing in real, scarce assets like Bitcoin and silver is the path to long-term prosperity—especially for those willing to act before the rest of the world catches on.
As Bitcoin flirts with historic highs and macroeconomic uncertainty looms, Kiyosaki’s views continue to resonate with a growing audience seeking alternatives to conventional financial wisdom.
