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Robert Kiyosaki, renowned for his bestseller “Rich Dad Poor Dad,” has openly praised Bitcoin as it breached the $60,000 threshold, a peak not seen since 2021. This significant rally, which saw Bitcoin ascend by $11,000 in just five days on February 28, was met with jubilation by Kiyosaki, who has been a staunch supporter of Bitcoin over traditional monetary systems and investments. On social media, he lauded Bitcoin for outperforming the “fake” U.S. dollar, attributing to it the revival of monetary integrity.
Kiyosaki’s critique is deeply rooted in the abandonment of the Bretton Woods system in 1971, which disconnected currencies from tangible assets like gold, leading him to question the authenticity of fiat money. Bitcoin, with its limited supply, stands as a beacon of stability and value retention for Kiyosaki and like-minded critics of the current financial regime. This event not only highlights Bitcoin’s growing acceptance but also suggests a pivotal shift towards digital currencies, challenging conventional financial paradigms.