CandleFocus R. Kiyosaki slams Bitcoin ETF as ‘bankster’s money’
2025-03-01
Author: Content Editor
Renowned investor and author Robert Kiyosaki has expressed his distrust of Bitcoin Exchange-Traded Funds (ETFs), labeling them as tools of the financial elite and calling them "bankster's money." He believes that Bitcoin ETFs undermine the independent spirit of the cryptocurrency and sees them as extensions of the alleged corrupt financial system he has long criticized. Kiyosaki advocates for investing in physical gold, silver, and Bitcoin itself to protect wealth from manipulative intermediaries. He has a skeptical stance towards centralized systems, including the U.S. dollar and the banking industry. Despite questioning certain aspects of Bitcoin, Kiyosaki believes it is preferable to the flaws he sees in the traditional financial system. He warns of a possible imminent collapse of the financial system and encourages people to shield themselves from the fallout. Kiyosaki predicts Bitcoin, gold, and silver will protect investor wealth during market crashes and expects Bitcoin to reach a new record high in 2025, trading between $175,000 and $350,000. However, his predictions have faced scrutiny in the past.
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