In a post on X, the author of “Rich Dad Poor Dad,” Robert Kiyosaki, has come up with another analogy.
A woman asks him whether preparing money in advance to deal with economic troubles counts as pessimism or clear-headedness—shouldn’t optimism be healthier instead? He responds by asking: When you buy insurance for your car, do you hope something will happen?
He then gives his own answer: holding gold, silver, and Bitcoin is like buying insurance. He makes his stance clear—he only wants to hold the kind of money that the government can’t print.
The key point still stays on his usual theme. The purchasing power of cash savings is gradually eroded by taxes and inflation; the numbers in your account don’t change, but the things you can afford every year become fewer. He says what the U.S. Federal Reserve and the government are doing is taking away wealth through taxes and inflation.
He also adds a line about his asset allocation: he has oil wells, the government is a major buyer of oil, and the cash paid by customers is solid. In the list he shared when discussing retirement savings back in September, there were also rental apartments and U.S. oil wells.
Someone brought up the logic of fixed supply—Bitcoin’s cap of 21 million coins does provide scarcity. But scarcity alone can’t necessarily withstand inflation; it’s a matter of debate. Price is determined by demand, so when prices rise, the coin price could still fall, and your purchasing power won’t automatically be protected by scarcity.
Over the past six hours, this narrative has spread throughout the crypto community, with multiple financial media outlets reposting it. $BTC and $ETH have once again been placed in the “inflation-hedge assets” category.
His position hasn’t changed for twenty years—the only thing that changes is that each time he finds new ways to explain it again.
A woman asks him whether preparing money in advance to deal with economic troubles counts as pessimism or clear-headedness—shouldn’t optimism be healthier instead? He responds by asking: When you buy insurance for your car, do you hope something will happen?
He then gives his own answer: holding gold, silver, and Bitcoin is like buying insurance. He makes his stance clear—he only wants to hold the kind of money that the government can’t print.
The key point still stays on his usual theme. The purchasing power of cash savings is gradually eroded by taxes and inflation; the numbers in your account don’t change, but the things you can afford every year become fewer. He says what the U.S. Federal Reserve and the government are doing is taking away wealth through taxes and inflation.
He also adds a line about his asset allocation: he has oil wells, the government is a major buyer of oil, and the cash paid by customers is solid. In the list he shared when discussing retirement savings back in September, there were also rental apartments and U.S. oil wells.
Someone brought up the logic of fixed supply—Bitcoin’s cap of 21 million coins does provide scarcity. But scarcity alone can’t necessarily withstand inflation; it’s a matter of debate. Price is determined by demand, so when prices rise, the coin price could still fall, and your purchasing power won’t automatically be protected by scarcity.
Over the past six hours, this narrative has spread throughout the crypto community, with multiple financial media outlets reposting it. $BTC and $ETH have once again been placed in the “inflation-hedge assets” category.
His position hasn’t changed for twenty years—the only thing that changes is that each time he finds new ways to explain it again.
