Robert Kiyosaki author of the famous book Rich Dad Poor Dad is 100% bullish on crypto and is calling Fiat a scam instead. When you start to look at his points it really makes your start thinking about why we are not fully crypto already!

Bitcoin or Crypto is considered " The Peoples Money" Anyone around the world or heck even off planet maybe lol could own bitcoin. It is a fixed currency meaning no more can be printed so there are no inflations or deflations of the currency. Whats there is there and used be the entire world putting everyone on the same playing field.

Many people say bitcoin or crypto is to subject to manipulation etc. But when you look back at fiat you really start to wonder.

"Unfortunately we had a big crash in 2000, they called it the dotcom crash, then in 2008 it was the subprime real estate crash. The next is going to be the biggest of all. When it’s coming I don’t really know, but the foreshocks are sounding right now." - Robert Kiyosaki

Talk about price manipulations. Everyone who saved their money and thought they where doing the right thing investing into their future and saving for retirement got a seriously rude awaking that was not their fault at all. Instead it was government and bank manipulation of the market shipping out loans to people they should not have them. Charging massive 11% interest while only paying those saving about 2% ! This is fiat money and governments/banks control is and here your going to call bitcoin and crypto a scam. Uh yeah this continues to repeat over and over again with Fiat.

Many call crypto fake money but is it really? Is it anymore fake then Fiat ? The only way fiat has value is because it is accepted in place of a transaction. Fiat holds no value at all until the point of sale/transaction.

“There’s so much fake money. In 1971 Nixon took the dollar off the gold standard and the US dollar became fake money.” - Robert Kiyosaki

With Fiat being off of the gold standard it means that fiat no longer represents gold and silver and can be print as much or as little as the government wishes. The benefits of crypto its fixed printed you know how much there is going to be. It means when you save your fiat money if the government prints more then what your earning in interest it means your buying power is reducing every single year/month while you so called "doing the right thing" towards your retirement future.

“God’s money, which is gold and silver, will be here after the cockroaches go extinct, and people’s money, which is [crypto] currency…I think the dollar is toast because gold and silver and cyber currency are going to take it out.” - Robert Kiyosaki

Simply put Gold and Silver will most likely never ever change. There is less and less of it to be mined now but everything is based on top of it. Your gold and silver hold value and as the dollar losses value it means people are willing to pay more fiat for your gold and silver. This is why gold and silver have always been a solid store of value. So gold and silver hold value while fiat is moved into crypto which is actually more stable, more clearly understood, has a fixed minting rate and many more benefits over Fiat.

So what are you thoughts on all of this?

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