Gold, Silver, Bitcoin : Kiyosaki’s Strategy For Beating Inflation
The debate regarding the future of fiat currencies and the rise of cryptocurrencies continues to intensify. As the United States faces persistent inflation and record debt, some experts are questioning the viability of the traditional financial system. Robert Kiyosaki, entrepreneur and author of the best-seller “Rich Dad Poor Dad,” has never hidden his skepticism towards the US dollar. He has once again reignited the debate, calling the American currency a “scam.” Furthermore, he claims that Bitcoin represents the future. His statements, although extreme to some, resonate with many investors concerned about monetary instability and the loss of purchasing power.
The statements made by Robert Kiyosaki leave no room for ambiguity. In a recent post on social media, he states that “the dollar is a scam” and accuses the US Federal Reserve of maintaining a failing system for the benefit of financial elites. According to him, rampant inflation and massive debt in the United States inexorably lead to a loss of value of the national currency, which undermines the savings and purchasing power of citizens. “Central banks do not protect people; they lock them into a corrupt system,” he emphasizes in a post on the X social network (formerly Twitter) on the 1st.
This criticism fits within a troubled economic context where expansionary monetary policies have significantly diluted the value of the dollar. For Kiyosaki, this situation is not a coincidence but the result of a deliberately biased management that favors large financial institutions at the expense of the public. He specifically mentions the role of the Fed in rescuing struggling banks and denounces a system where the risks are borne by the population while the profits remain privatized.
In light of this critical observation, Kiyosaki advocates for a radical alternative. Instead of holding onto dollars that he believes are destined to lose more value, he advises investing in assets capable of withstanding inflation and the manipulations of central banks. “Bitcoin, gold, and silver are the only viable options to preserve wealth,” he asserts. This is not the first time the author has recommended these investments, but his tone is becoming increasingly urgent as confidence in fiat currencies erodes.
He also warns against financial products derived from Bitcoin, such as ETFs. According to him, these financial instruments do not guarantee true ownership of the asset and remain under the control of the same institutions he criticizes. Thus, “if you do not own your Bitcoin directly, then you do not really own it,” he cautions. This position aligns with a growing segment of investors convinced that the only way to escape market manipulations is to have total control over their assets.
Kiyosaki’s rhetoric, although extreme, reflects a growing concern about global economic uncertainties. As US debt continues to rise and central banks struggle to contain inflation, more and more investors are seeking alternative havens. Bitcoin, often perceived as a “store of value” , may see its adoption accelerate as distrust in the traditional monetary system intensifies. It remains to be seen whether these trends will hold true or if the dollar will once again avoid the shipwreck predicted by its detractors.
Sandy Carter’s Mission to Redefine Digital Identity Ownership
Sandy Carter had never pictured herself at the vanguard of the Web3 revolution when she was younger. Originally wanting to be a doctor, one day a Duke University lecturer turned her life around. ” Look at programming,” he said. “You can create things that change people’s lives.” Those comments caught Carter’s attention. She chose then to delve into computers and never turned around.
Sandy studied computer science, even toward postgraduate degrees. She studied eight computer languages and developed her thesis on how animal drug testing might be replaced by technology. “Technology can save lives, both human and animal,” she stated in an interview.
Carter’s career extended beyond academia. She started walking among numerous tech giants, like IBM and Amazon Web Services (AWS), soon after graduating. She oversaw cloud computing and the startup environment at IBM. Turning now to AWS, she assisted in creating an artificial intelligence, blockchain , Internet of Things network of partners.
One question, though, persisted in his mind: why is digital identity still so fractured? Why still do third parties control domain names and identities on the internet? Carter finally arrived at Unstoppable Domains from these questions.
Carter signed on Unstoppable Domains, a startup seeking to transform how individuals own their digital identities, late in 2021. The blockchain-based domain names provided by Unstoppable Domains can be owned for life, unlike traditional domains that have to be renewed yearly. For Carter, this represents a significant first towards total control for online consumers.
“Think of it this way,” he remarked during one conference, “if you own a Web3 domain name, it’s yours always. There is no annual charge; you can use it for everything from crypto addresses to decentralized email; nobody can take it away.”
Carter, COO, is in charge of not just daily operations but also strategic alliances development. Introducing the .podcast domain to Web3 developers was one of his key undertakings. For her, it goes beyond business to create a future where digital identity really belongs to the individual.
Carter came to see that men still predominate in the IT sector. She thus started Unstoppable Women of Web3, a project aiming at giving women in the blockchain ecosystem chances and knowledge. “We want Web3 to be really inclusive, not only for one particular group,” she stated.
She also participates actively in the Girls in Tech group and keeps pushing more women into the industry. For her, the digital revolution has to include everyone—not only those with initial access or knowledge.
Carter regards blockchain-based identity as having a bright future on the one hand. Blockchain domains will be used alongside traditional DNS systems, she projects, by 2026. Still, problems abound. ”
We have to keep training the market,” she remarked. Many people are still reluctant to migrate to Web3 due to their concern about the technological complexity. But Carter thinks that change is just a question of time, given the correct stance.
Carter, now more than ever, still harbors the same enthusiasm as he did when he first fell in love with computers. He wants to be part of the change as well as ensure it goes the correct route. “We’re building something that’s going to last,” he remarks, “and that’s the most challenging and the most exciting thing.”
For Sandy Carter, technology is not only about creativity but also about how that creativity may improve quality of life. And he doesn’t appear to be stopping very soon.