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'Rich Dad Poor Dad' Author Says Gold, Silver, and Bitcoin Lie Outside the System

Published 04/08/2020, 09:00 PM
Updated 04/08/2020, 11:00 PM
'Rich Dad Poor Dad' Author Says Gold, Silver, and Bitcoin Lie Outside the System

'Rich Dad Poor Dad' Author Says Gold, Silver, and Bitcoin Lie Outside the System

Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an escape.

“The reason I endorse Bitcoin is because is just for one frickin reason — you’re not part of the system,” Kiyosaki said. “It’s a separation of government and my money,” he laughingly added, quoting sentiment Pompliano has expressed many times.

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Latest comments

I will keep investing
Those 3 mediums of exchange won't become practical for another 200 years, beyond our lifetime. We inherited the metals from the prior generation which paid probate tax on them and we need to account for and make arrangements and pay probate tax on them when these 3 items pass to the next generation unless we incur the headache of disposing of them or giving them to someone who will be hesitant to receive them even as a gift. WORTHLESS IMO, ALL OF THEM.
But the real need/demand for those 3 musketeers WILL NOT ARISE FOR ANOTHER 200 years, at the minimum!! We inherit those from our parents, we store them, they become a nightmare to trade person to person and again to store, account for and book in the ledgers. The SERVICE FEES attached to them are horrendous. Bitcoins are easily lost or stolen, They require elaborate support mechanisms and shipping. The Romans back then did identically the same as we do now and it took 300 years before their empire collapsed. Similar with us, in the bitter end, a few ppl could make use of such 3 MUSKETEERS. Meanwhile, it's all a headache and provides collectors with a little happiness of something shiny when they need hope. Shorting the market is far more useful. In the days leading up to the March 23rd bottom I was fearful of liquidity, remembered physical gold, but preferred the shorting instruments, cash out and be done. If you have access to a computer shorting a falling market is better.
Yeah because Robert is a person whom we can trust.... Biggest crook on the planet with his Piramide tactics
tbey own silver mines in Mexico so they going around and tell people to invest in gold and silver. the real money is knowledge.
what system?
it's not money
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