Robert Kiyosaki supported Michael Saylor's strategy for buying Bitcoins

Robert Kiyosaki Backs Michael Saylor's Bitcoin Strategy and Criticizes Federal Reserve Policies

Kiyosaki's Endorsement of Bitcoin as a Hedge Against Inflation

Robert Kiyosaki, the renowned author of Rich Dad, Poor Dad, has voiced strong support for Michael Saylor's aggressive Bitcoin acquisition strategy, calling it a genius move to safeguard against economic instability. In his critique of the U.S. Federal Reserve System (FED), Kiyosaki labeled its money-printing policies as destructive to the American economy. He argued that these policies exacerbate inflation, eroding the value of traditional currencies, while investments in Bitcoin provide a reliable means to preserve wealth.

Kiyosaki praised Saylor, the chairman of MicroStrategy, for his steadfast belief in Bitcoin as an effective hedge against inflation and economic uncertainty. MicroStrategy, one of the largest holders of Bitcoin, has consistently expanded its reserves, recently acquiring an additional 51,780 BTC at an average price of $88,627 per coin, totaling $4.6 billion.

"I consider Michael Saylor a genius," Kiyosaki wrote on social media. "I follow his tactical plan for investing in Bitcoin. It helps to feel financially secure, especially in the treacherous times of crisis."

Kiyosaki reiterated his strategy of holding a diversified portfolio that includes gold, silver, and Bitcoin. He stressed that the "fake dollars" printed by the Federal Reserve are becoming increasingly problematic, labeling the Treasury Department as corrupt and plagued by dishonesty. In his view, Bitcoin, alongside precious metals, offers a critical hedge against these systemic risks.

Kiyosaki also urged investors to avoid debating which asset class is superior, emphasizing the importance of holding all three—gold, silver, and Bitcoin—to weather economic uncertainties.

Kiyosaki expressed optimism about President-elect Donald Trump's supportive stance on cryptocurrencies. He suggested that Trump could be the first U.S. president to openly champion Bitcoin, potentially driving economic growth and improving the nation's financial standing. Kiyosaki also believes that Bitcoin's influence could extend beyond national borders, improving the global financial system.

Despite Saylor's vision for Bitcoin, MicroStrategy recently faced internal challenges, as Saylor lost his voting rights within the company. However, this change has not deterred the firm's ongoing commitment to its Bitcoin-focused strategy, which has served as a model for corporations exploring cryptocurrency as a treasury asset.

Robert Kiyosaki's endorsement of Michael Saylor's strategy highlights the growing recognition of Bitcoin as a critical tool for wealth preservation in a volatile economic environment. By combining Bitcoin with traditional hedges like gold and silver, Kiyosaki believes investors can protect their savings from inflation and economic mismanagement. His optimism about Trump's pro-Bitcoin policies adds another layer of potential growth for the cryptocurrency as it continues to gain mainstream acceptance.