Robert Kiyosaki urges investing in Bitcoin as US dollar weakens

Robert Kiyosaki, the author of *Rich Dad Poor Dad*, has weighed in on the debate between investing in Bitcoin (CRYPTO:BTC) or gold, arguing that the real issue isn’t about which is better but rather how much of each you own. 

Against the backdrop of rising U.S. debt, which has hit $35 trillion, Kiyosaki believes both assets are crucial for safeguarding wealth.

Kiyosaki has sounded alarms over the ongoing bond market decline, suggesting it is a warning sign of deeper economic problems. 

He pointed out that the global economy is built on a foundation of debt, with bonds representing a large portion of it. 

"The bond market is crashing. Do you realise the world economy is based on debt? A bond is debt, and the whole world is floating on it, and this collapse signals deeper economic troubles," Kiyosaki said. 

He also emphasised that while stock market crashes are obvious, banking failures are often hidden but pose an even greater threat. 

Because of this, he invests heavily in gold, silver, and Bitcoin, which he describes as "real money."

In his view, holding onto U.S. dollars is no longer wise. 

Kiyosaki bluntly put it: "The dollar is trash." 

He advised against saving in "fake money" and instead urged people to focus on gold, silver, and bitcoin to protect their assets. 

"The real problem is the $35 trillion in U.S. debt … neither Trump nor Kamala can solve it," he explained, noting that annual interest payments on this debt have now surpassed $1 trillion. 

“If you spent $1 a minute, it would take 31,688 years to spend 1 trillion dollars,” he pointed out, illustrating the gravity of the debt problem. 

“Simply said, we are in trouble. Stop saving dollars… start saving gold, silver, & bitcoin… real money,” he concluded.

At the time of reporting, the Bitcoin (BTC) price was $60,151.96.