Robert Kiyosaki Says Bitcoin, Gold, and Silver Are Financial Preparation for Economic Problems

Holding assets outside government-issued currency is part of financial preparedness, Rich Dad Poor Dad author Robert Kiyosaki said in an Oct. 3 statement on X, according to Bitcoin.com News. He described his "financial prepper" approach as taking precautions against economic trouble and challenged the idea that anticipating trouble reflects pessimism, recounting a woman who questioned whether the mindset was pessimistic and whether positive thinking was healthier. He responded by asking whether she carried car insurance and hoped for an accident, drawing a parallel between protecting a vehicle and safeguarding wealth; when she acknowledged coverage was a precaution, he asked, "Do you own any gold, silver, bitcoin?" Expressing his preference for assets beyond government money, he said, "I only want money the government cannot print." His broader asset preferences had included gold, silver, ethereum and oil in June.Kiyosaki's argument centers on the risk that cash savings lose buying power even when their dollar balance is unchanged, accusing the Federal Reserve and government of taking wealth through taxation and inflation. He cited Bitcoin's 21 million-coin supply cap in support of his preference for assets governments cannot print, though Bitcoin.com News noted scarcity alone does not guarantee inflation protection, since BTC's price depends on demand and can fall even as living costs rise. Beyond scarce assets, Kiyosaki said he owns oil wells that generate payments from buyers including governments, adding an income component to his preparation: "I also own oil wells. Governments are big buyers of oil. Great customers. They give me money." His broader holdings also include rental apartments, which he listed alongside US oil wells in a September retirement-savings warning, and he closed by asking followers whether they considered themselves financial preppers.