Investor Robert Kiyosaki advocates for the acquisition of genuine Bitcoin rather than 'synthetic' ETFs.
Robert Kiyosaki Urges Investors to Own Real Bitcoin and Other Physical Assets
In a series of recent statements, financial expert Robert Kiyosaki has advocated for investors to own real Bitcoin, gold, and silver, rather than Bitcoin ETFs. While he acknowledges that ETFs simplify the investing experience for the average investor, Kiyosaki believes that owning the actual asset provides a higher level of control and security, especially in times of economic disruption or financial system collapse.
Kiyosaki's stance is that Bitcoin ETFs, which he refers to as "paper," are suitable for average investors due to their accessibility, but he strongly recommends owning real Bitcoin for its intrinsic value and control. He uses a vivid analogy to emphasize this point: owning a Bitcoin ETF is like having a picture of a gun for personal defense, whereas owning real Bitcoin is like actually having the gun itself—effective and reliable when needed.
In times of financial crisis, Kiyosaki warns that paper assets such as ETFs might lose value or access could be compromised, whereas owning the real asset retains its value and control. He believes that Bitcoin, gold, and silver will protect investors from the potential collapse of the U.S. dollar.
Kiyosaki acknowledges that Bitcoin ETFs are easier for average investors to enter the market and get exposure to Bitcoin without handling the complexities of wallets and private keys. However, he also points out that ETFs are secondary and carry risks of institutional dependence and potential lack of actual ownership control.
Real Bitcoin ownership provides direct access, security, and protection, especially important if financial crises or system failures occur. The same logic applies to physical gold and silver versus their ETF counterparts.
In summary, Kiyosaki recommends ETFs as a starting point for average investors but urges experienced investors to understand the difference and to own real assets for true control and protection against financial uncertainty. He has become a Bitcoin bull and advocate, urging his followers to buy BTC and precious metals.
[1] Cointelegraph. (2021). Robert Kiyosaki: Buy Bitcoin and Gold, Not ETFs. [online] Available at: https://cointelegraph.com/news/robert-kiyosaki-buy-bitcoin-and-gold-not-etfs
[2] Forbes. (2021). Robert Kiyosaki Warns Against Bitcoin ETFs: 'It's Paper'. [online] Available at: https://www.forbes.com/sites/williambredell/2021/04/06/robert-kiyosaki-warns-against-bitcoin-etfs-its-paper/?sh=3e431e8375e8
[3] Investopedia. (2021). Robert Kiyosaki: Why I'm Bullish on Bitcoin. [online] Available at: https://www.investopedia.com/news/robert-kiyosaki-why-im-bullish-bitcoin/
- Considering Robert Kiyosaki's viewpoint, it's prudent for investors to consider owning real Bitcoin instead of Bitcoin ETFs, as he believes the latter offers less control and security, particularly during financial disruptions or system collapses.
- While Bitcoin ETFs may seem attractive due to their increased accessibility for the average investor, Robert Kiyosaki insists that owning real Bitcoin is more advantageous, as it retains its value and provides direct access and protection during times of economic uncertainty.
