Robert Kiyosaki Uses a George Washington Quote to Argue for Bitcoin
To frame Bitcoin as a timeless asset, “Rich Dad, Poor Dad” author Robert Kiyosaki is reaching back to America’s founding, citing President George Washington’s stark warnings about paper money to champion the world’s leading cryptocurrency.
Kiyosaki argues that Bitcoin represents the modern solution to the exact “fraud” and economic
ruin that Washington predicted would result from fiat currency. He recently highlighted a quote where America’s first president condemned paper money as a mechanism that would inevitably “ruin commerce, oppress the honest, and open a door to every species of fraud and injustice.”
For Kiyosaki, this 18th-century warning serves as historical validation for his own dire predictions about the U.S. dollar. He consistently argues that government-controlled currencies are designed to lose value through inflation, eroding the wealth of ordinary citizens. In this context, he positions Bitcoin not merely as a speculative asset, but as essential protection against systemic financial instability.
Kiyosaki’s belief in Bitcoin is rooted in his personal investment experience. He purchasing his first Bitcoin at $6,000, a price he initially thought was high at the time. Fast forward to the present, and Bitcoin is trading around $107,000.
Despite this rise, Kiyosaki remains firm in his conviction that Bitcoin is not yet “too expensive.” He continues to buy more Bitcoin, and his long-term strategy displays his firm belief that even at much higher prices, the cryptocurrency will continue to be a valuable asset. Kiyosaki even suggests that, if Bitcoin exceeded $1 million per coin, he would still be purchasing it, highlighting the need to act before prices escalate further.
Kiyosaki’s approach is a classic “buy and hold” strategy, advising his followers that owning even a fraction of a coin like 0.01 BTC, could be immensely valuable in the coming years.
By citing other prominent Bitcoin supporters, such as Michael Saylor, Raoul Pal, and Anthony Pompliano, Kiyosaki the growing movement among institutional and individual investors who recognize Bitcoin’s ability to protect wealth against the risks associated with fiat currency systems.