Why Robert Kiyosaki Treats Bitcoin and Gold Like Insurance

The popular author compared BTC and the precious metal to having insurance for your car. Robert Kiyosaki, who has frequently put BTC, ETH, silver, and gold into the same investment bracket, has compared owning some of these assets to carrying insurance against financial trouble. The author of best-sellers such as “Rich Dad, Poor Dad” said preparing for monetary instability is not the same as predicting disaster. Moreover, he used the opportunity to lash out against government-issued money. Financial Prepper In his latest post on X, the renowned author called himself a “financial prepper,” arguing that holding gold, silver, and bitcoin is like buying insurance: people don’t buy car insurance because they want to crash, but because they want protection if something goes wrong. He framed the argument around a conversation with a woman who reportedly questioned whether preparing for economic trouble was overly pessimistic. “Do you own any gold, silver, bitcoin?” Kiyosaki asked, then reiterated one of the central themes of his investment philosophy: “I only want money government cannot print.” His concerns are familiar, including the loss of purchasing power caused by inflation and mone...