Robert Kiyosaki Renews Attack on Cash, Touts Crypto and Precious Metals

If you spent one dollar every minute, it would take 34,000 years to burn through a trillion dollars, yet the Federal Reserve can print that sum in under sixty seconds. Using this stark illustration, Rich Dad Poor Dad author Robert Kiyosaki once again urged investors to abandon cash in favor of hard assets.

In a June 13 post on X, Kiyosaki labeled the U.S. dollar as "trash," arguing that monetary expansion by the Treasury and the Federal Reserve systematically erodes the purchasing power of those who hold currency. He steered his followers toward gold, silver, Bitcoin, and Ethereum, framing these assets as essential hedges against a vulnerable fiat system. His commentary aligns with a long-standing personal brand that champions scarcity over the fluid supply of government-backed money.

This call to action arrives during a fragile window for digital assets. As of June 14, Bitcoin hovered near $64,569, while Ethereum sat at $1,674—prices that remain suppressed following a sharp June selloff. Market participants have been rattled by a confluence of hawkish monetary policy, geopolitical friction, and consistent outflows from U.S.-listed spot ETFs. While Kiyosaki’s rhetoric provides a familiar narrative for crypto advocates, the broader market continues to wait for sustained buying pressure and a stabilization of macroeconomic conditions to confirm a genuine recovery.