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The writer and renowned financial educator Robert Kiyosaki expressed his belief that Bitcoin (BTC) is the "best means of protection" against the risks of excessive inflation, considering it a currency for the people. Kiyosaki, famous investor and author of "Rich Dad Poor Dad," warned of a potential global financial collapse, particularly in the U.S. economy.

In a recent post on his X platform (formerly Twitter), Kiyosaki made a historical comparison, urging his followers to consider BTC as a tool for protecting against the dangers of rampant inflation. He pointed to events in Germany a century ago, where uncontrollable inflation contributed to Adolf Hitler's rise to power. Kiyosaki expressed concern about the United States facing a similar dire situation.

Kiyosaki views the current U.S. government as "the least competent government ever," advising his readers to study the hyperinflation cases in Germany and Zimbabwe. He praised Bitcoin as the "best defensive tool" due to its decentralized nature, stating that it is controlled by the people rather than leaders.

He added, "Food will always have value, as with weapons, gold, and silver, but I believe Bitcoin is the best safe haven for you as it is the currency of the people." Kiyosaki asserted that excessive inflation would lead to the collapse of the purchasing power of fiat currencies.

His recent statements align with his earlier remarks, recommending investments in gold, silver, and Bitcoin to safeguard against the impending collapse of the "American empire." Kiyosaki has been a vocal supporter of Bitcoin and has increased his holdings, considering it a fundamental asset alongside gold and silver.

Kiyosaki, known for his bestselling book "Rich Dad Poor Dad," emphasizes financial education and urges readers to seek financial independence through investments in assets, real estate, and personal business ventures. He continues to make bold predictions about the future price of Bitcoin, foreseeing a significant increase to $500,000 by 2025.