'Protect Yourself with Bitcoin and Ethereum': 'Rich Dad Poor Dad' Author Urges Investors to Opt for 'People's Money'

American businessman and author Robert Kiyosaki, best known for his bestseller 'Rich Dad Poor Dad', has once again taken to the X social media network to encourage his followers to buy Bitcoin (BTC) and Ethereum (ETH). According to Kiyosaki, these two cryptocurrencies are "people's money", representing financial freedom for individuals.

Kiyosaki's latest post also critiques the political outcome of the New York mayoral race, where far-left candidate Zohran Mamdani defeated centrist Andrew Cuomo. Mamdani's policies, which include rent-stabilized housing and city-owned grocery stores, have led Kiyosaki to assert that America is becoming 'Marxist'. He warns that this shift signals a loss of freedom, democracy, and capitalism in the country.

With nearly 3 million followers on X, Kiyosaki emphasizes the importance of safeguarding oneself with "real financial education." He often encourages investors to explore alternative assets like cryptocurrencies to protect their wealth amidst economic and political uncertainties.

As previously reported by U.Today, Kiyosaki predicted that the price of Bitcoin could climb to at least $180,000 by the end of the year. This forecast reflects his strong belief in the potential of cryptocurrencies as tools for financial security and investment growth.