A virtual image depicting Robert Kiyosaki [Photo: Reve AI]

Robert Kiyosaki (로버트 기요사키), the author of “Rich Dad” and a cryptocurrency investor, criticised holding dollars in cash and again pointed to gold, silver, bitcoin and ether as alternative assets.

On June 14, blockchain outlet U.Today reported that Kiyosaki argued in a recent post on X that people should reconsider the view of holding cash as savings.

Kiyosaki used $1 trillion as an example to argue that cash loses value. He wrote that $1 trillion is a number with 12 zeros after 1, and that even spending $1 per minute would take about 34,000 years to spend it all. He then claimed the U.S. Federal Reserve and the Treasury can print $1 trillion in under a minute.

Based on that, Kiyosaki said people who save dollars lose out. He also called cash trash and reaffirmed his long-held view that fiat currencies lose value over time due to inflation and monetary expansion.

Separate analysis said bitcoin and ether are in a phase of searching for a bottom near recent bear-market lows. CryptoQuant viewed bitcoin as moving into a zone associated with past bottom formations. It added, however, that on-chain structure still points to a capitulation phase rather than a confirmed bottom. It judged current signals as closer to oversold conditions than a trend reversal.

Ether is trading about 67 percent below its previous all-time high and has entered an extreme oversold zone. On Binance, the notional value of ether open interest recently hit a record high.

Kiyosaki’s remarks again highlight his longstanding preference for hard assets and major cryptocurrencies over holding cash. At the same time, analysis that bitcoin and ether are trading near bear-market lows is adding to speculation about the market’s next direction.

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#Robert Kiyosaki #Bitcoin #Ethereum #CryptoQuant #Binance
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