• About Us
  • Careers
  • Contact
No Result
View All Result
Monday, September 15, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Renowned Author Robert Kiyosaki Advocates Bitcoin as a Safeguard Against Economic Challenges

31 January 2024
in News
Reading Time: 3 mins read
104 5
Home News

Renowned author Robert Kiyosaki has expressed a strong belief in Bitcoin as a robust defence against wealth erosion caused by inflationary policies and financial mismanagement by government authorities. 

Kiyosaki made this claim while explaining why he owns Bitcoin in a recent post on X. He attributed the devaluation of the U.S. dollar to policies implemented by key figures like Federal Reserve Chairman Jerome Powell, Treasury Secretary Janet Yellen, and Wall Street bankers. He noted that these policies result in inflation, taxes, and manipulation of the stock market.

Why I own Bitcoin. Bitcoin is protection against the theft of our wealth via our money. Fed Chairman Powell, Treasury Secretary Yellin, and Wall Street bankers steal our wealth via our money, specifically via inflation, taxation, & stock price manipulation. That is why I save…

— Robert Kiyosaki (@theRealKiyosaki) January 31, 2024

In 2020, Kiyosaki raised alarm about the potential manipulation in the stock market. At the time, he argued that sudden swings in stock prices are not natural but result from deliberate market manipulation. According to him, these market movements defy rational explanations based on normal market dynamics.

Kiyosaki, best known for his bestselling book ‘Rich Dad Poor Dad, has previously questioned the cryptocurrency’s intrinsic value. However, he now considers it an integral component of a well-diversified portfolio. In a 2022 post, he emphasized Bitcoin’s significance, especially in the face of a potential major economic crisis that could trigger a substantial surge in its price.

The author has also consistently raised concerns about systemic inflation, which he characterizes as an involuntary tax. Kiyosaki recommends investments in inflation-resistant assets such as Bitcoin, silver, and gold because inflation not only drives up prices but also diminishes the value of money. 

In his famous book, ‘Rich Dad Poor Dad,’ Kiyosaki explained that corporations have a tax advantage over individuals because they can deduct expenses before paying taxes. Individuals, on the other hand, pay taxes first and then use the remaining income to pay for their expenses. This would lead to them having less money to survive even if their income is the same as big corporations. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

 

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Bitcoin
Share63Tweet40Share11
Previous Post

Binance Officially Lists Jupiter’s Native Token, JUP

Next Post

Ripple Security Breach: Co-Founder Faces $110 Million Loss In Personal Account Hack

Daniella Chukwuike

Daniella Chukwuike

Related Posts

source: wublock.substack.com
Crypto

Fidelity and Canary Capital Spot ETFs for Solana, Hedera, and XRP Appear on DTCC List Ahead of SEC Decision

12 September 2025
source: thenew.money
Crypto

CleanCore Solutions Reaches Halfway Mark in $1B Dogecoin Treasury Plan

12 September 2025
source: theblock.co
Crypto

Gemini Sets IPO Price at $28, Launching on Nasdaq with $425M Valuation

12 September 2025
source: siliconcanals.com
Bitcoin

Bitcoin Consolidates as Altcoin Treasuries Drive Market Energy— Novogratz

12 September 2025

Editors Picks

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

What Are DeFi Options Vaults, and How Do They Work?

What Are DeFi Options Vaults, and How Do They Work?

byOlajumoke Oyaleke
26 June 2025
0

What Are Teardrop Attacks in Crypto?

byOlajumoke Oyaleke
17 June 2025
0

What Are Fractional NFTs, and How Do They Work?

What Are Fractional NFTs, and How Do They Work?

byBlessing Lisafi
7 February 2024
0

Read More

Chain of Thoughts

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

From Rice Fields to Blockchain: Is Vietnam Becoming Asia’s New Crypto Hub?

2 days ago

Your Weekend Crypto Roundup | September 2025 (Week 2)

3 days ago

Why Are Crypto ATM Limits and Bans Surging Across the U.S?

4 days ago

Crypto Bug Bounties: How to Get Started

4 days ago

El Salvador’s Big Bitcoin Bet: Closing in on $1 Billion?

4 days ago

$312B Laundered: The Silent Truth Fiat Hides from Crypto’s Critics

4 days ago
Read More

Events

Korea Blockchain Week 2025
Korea Blockchain Week 2025
22 Sep 25
Seoul

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Ethereum Based Meme Coin Pepeto Presale Past $6.6 Million as Exchange Demo Launches

bychainwire
12 September 2025
0

BlockchainFX Raises $7.24M in Presale as First Multi-Asset Super App Connecting Crypto, Stocks, and Forex Goes Live in Beta

bychainwire
12 September 2025
0

Phemex Launches Multi-Assets Mode to Enhance Trading Efficiency and Risk Management

bychainwire
12 September 2025
0

Ethereum Meme Coin Little Pepe Crosses $25M, Announces 15 ETH Giveaway

bychainwire
12 September 2025
0

DOLLUM Expands Wallet Opportunities, Introducing New Security Features Following The DOL Token Sale

bychainwire
12 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00