Robert Kiyosaki, a financial expert and the writer of a renowned book “Rich Dad and Poor Dad”, has made a bold statement today in a latest tweet. He has said that Bitcoin ($BTC) is real while Bitcoin ETFs are fake. Although he has not provided any reason, he might be considering ETFs fake as there is no self-custody in ETFs and a trader does not have direct control over his assets.

Moreover, he might be calling Bitcoin ETFs fake because of multiple reasons like counterparty risk, tax inefficiencies, tracking errors and regulatory risks. Robert Kiyosaki has been an active proponent of BTC and calls Bitcoin Real because there is direct ownership, self-custody, no management fees, and 24/7 availability. All these features of Bitcoin make it very much real as compared to Bitcoin ETFs.

Investment in Gold, Silver, Bitcoin is a Key to Success

Robert Kiyosaki urges to invest in real gold, silver and Bitcoin instead of getting involved in Ponzi Schemes. According to him, this is high time to invest in gold to make profits. It is believed that the prices of gold go sky high during wars. People start investing in gold to earn a maximum during conflict or war time. It has been proved that during the war of Hamas-Israel, Russia-Ukraine conflict, US-Iran tensions, and North Korea-US tensions in the last few years, the prices of gold went high. Recently, gold has created a new all-time high price record as well.

The Biggest Market Crash is on the Way

According to Robert Kiyosaki the biggest market crash is on the way due to which millions of the investors are going to suffer worldwide. He mentions that US Baby boomers will be the first ones who are going to face this market crash.

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According to him the educational system is faulty in this regard. Investors do not have proper education related to financial matters. They do not have any knowledge of practical fields as things work differently in practical fields. They do not have any idea how corrupt and stupid people exist in the market.

In conclusion, Robert Kiyosaki remains firm in his stance that Bitcoin is the real asset, while Bitcoin ETFs lack true ownership and control. He continues to advocate for investments in Bitcoin, gold, and silver, warning of an impending market crash that could heavily impact unprepared investors. His views highlight the importance of financial education and direct asset ownership in navigating economic uncertainty.