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Robert Kiyosaki Slams Jerome Powell & Janet Yellen Amid Bitcoin Advocacy

Robert Kiyosaki slams Jerome Powell and Janet Yellen, advocating Bitcoin as the ultimate shield against traditional finance's pitfalls.
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Robert Kiyosaki Slams Jerome Powell & Janet Yellen Amid Bitcoin Advocacy

Renowned author of “Rich Dad Poor Dad,” Robert Kiyosaki, has taken a bold stance against traditional finance, unleashing scathing criticism on Federal Reserve Chairman Jerome Powell, Treasury Secretary Janet Yellen, and Wall Street bankers. Notably, Kiyosaki once again chooses Bitcoin as a weapon of his choice in this financial battle.

Meanwhile, the celebrated advocate for the leading cryptocurrency passionately defends his choice, asserting that Bitcoin is the ultimate shield against the erosion of wealth through inflation, taxation, and stock market manipulations.

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Robert Kiyosaki Slams Jerome Powell & Janet Yellen

In a recent post on the X platform, Kiyosaki explained why he likes to invest in the largest crypto by market cap, Bitcoin. He stated, “Bitcoin is protection against the theft of our wealth via our money.”

While lauding Bitcoin’s potential as a safer asset, he lambasted Fed Chair Jerome Powell, Janet Yellen, and Wall Street bankers for siphoning wealth through inflation, taxation, and stock price manipulations. In addition, Kiyosaki boldly distinguishes his financial strategy from conventional investments, stating, “That is why I save and invest in Bitcoin, not stocks, bonds, and fake dollars.”

This unyielding endorsement reinforces his reputation as a fervent advocate for cryptocurrency, encouraging investors to embrace the digital asset for its intrinsic value in safeguarding wealth.

Meanwhile, Kiyosaki’s commitment to Bitcoin transcends mere rhetoric. In a recent episode on ‘The Rich Dad Channel,’ he engaged in a comprehensive discussion about Bitcoin and silver’s roles in the financial landscape with industry experts.

Also Read: Bitcoin (BTC) Price Eyes $60,000 Target As Per MVRV Pricing Band

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Bitcoin Knowledge & Success

Despite acknowledging limited knowledge about the flagship crypto, Robert Kiyosaki places his faith in Bitcoin’s success, attributing it to the involvement of “very smart people.” His mantra of ‘gold, silver, and Bitcoin’ underscores a pragmatic approach, acknowledging the global financial landscape’s complexities while championing the virtues of these alternative assets.

In addition, Kiyosaki’s bullish predictions for Bitcoin’s price reaching remarkable heights, corrected but not retracted, echo his unwavering belief in the cryptocurrency’s potential. While retracting the million-dollar projection, he still advises followers to heed the lessons of Bitcoin halving, positioning himself as a sage guiding investors through the volatile crypto terrain.

Robert Kiyosaki’s fervent endorsement of Bitcoin serves as a clarion call to investors, urging them to reassess traditional financial instruments and consider the digital alternative. As he continues to challenge the stalwarts of finance, Kiyosaki stands tall as a symbol of the evolving financial landscape, where Bitcoin emerges as a formidable force against wealth erosion and manipulation.

Meanwhile, as of writing, the Bitcoin price was down 0.91% from yesterday and traded at $43,002.47. Over the last 24 hours, the BTC price saw a high of $43,838.95 and a low of $42,691.07.

Also Read: Chainlink (LINK) Price Shoots 6.5% Eyeing A Potential Rally to $25-$30

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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