Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, recently took to X to express concerns over the United States' rapidly growing national debt.
In a striking comparison, Kiyosaki pointed out that a trillion seconds equals roughly 31,688 years. He emphasized that the U.S. now accumulates this much debt every 100 days.
Kiyosaki’s message is clear: the relentless increase in national debt is unsustainable. His tweet underscores his long-held belief in alternative assets like gold, silver, and Bitcoin as protective measures against economic instability.
For years, Kiyosaki has been vocal about his skepticism toward traditional financial systems, advocating for investments in tangible assets and cryptocurrencies. As the U.S. continues to face mounting fiscal challenges, his call for action resonates with those concerned about inflation, currency devaluation, and financial security.
The trillion-dollar debt figure Kiyosaki references is a stark reminder of the scale of the problem. His advice to invest in gold, silver, and Bitcoin reflects a growing sentiment among investors seeking safe havens amid economic uncertainty. Whether or not one agrees with his perspective, his commentary adds to the ongoing debate about the future of the global financial system.
Cryptocurrency investors are closely watching the Federal Reserve’s interest rate decision set for tomorrow.
Bitcoin and the crypto market as a whole experienced a swift recovery this past day, with most prices being in the green.
BlackRock’s IBIT Bitcoin ETF recorded its first daily net inflow in three weeks, bringing in $15.8 million.
Grayscale Investments’ Bitcoin Trust (GBTC) is still experiencing investor withdrawals, with an additional $20.8 million pulled out on Monday, as reported by Farside Investors.