Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. In a recent tweet, 'Rich Dad Poor Dad' author Robert Kiyosaki engaged his X followers, asking them to reconsider holding cash as "savings."Kiyosaki began with a question to his followers, asking them what the value of a trillion dollars is. "How much is a $trillion?" Kiyosaki asked.This, he answered, saying, "A trillion is a 1 with 12 zeros after it, $1,000,000,000,000," adding that if someone spent $1 every minute, it would take approximately 34,000 years to spend $1 trillion. HOT Stories HOW MUCH is a $ TRILLION?A trillion is a 1 with 12 zeros after it.$1,000,000,000,000If you were to spend $1 a minute it would take you 34,000 years to spend.It takes the Fed and US Treasury less than a minute to print $1 trillion.Get the picture?Savers of dollars are…— Robert Kiyosaki (@theRealKiyosaki) June 12, 2026 Explaining his point further, the Rich Dad Poor Dad author claimed that the U.S. Federal Reserve and Treasury can effectively create trillions of dollars in a very short period of time: "It takes the Fed and US Treasury less than a minute to print $1 trillion. Get the picture?"Kiyosaki stated this to illustrate what he sees as the ongoing erosion of purchasing power for those holding large amounts of cash. "Savers of dollars are losers," he said, adding that "Cash is trash."The "Rich Dad Poor Dad" author has continuously held the belief that fiat currencies lose value over time due to inflation and monetary expansion. You Might Also Like Instead of keeping wealth in cash, Kiyosaki urged his followers to consider other assets, advocating for gold, silver, Bitcoin and Ethereum.Bitcoin, Ethereum searching for price bottom According to analysts, major cryptocurrencies Bitcoin and Ethereum are currently at an inflection point as their prices trade near bear market lows. You Might Also Like CryptoQuant in its recent analysis noted that Bitcoin was moving into a zone historically associated with bottom formation, but the on-chain structure still points to capitulation rather than confirmation.While Bitcoin price has rebounded from a low near $59,000 reached on June 5, analysts maintain that a price bounce alone is necessary but insufficient, as signals suggest an oversold market rather than a regime change.ETH is currently trading about 67% below its previous all-time high and has entered an area of extreme oversold conditions. Binance recently recorded a new all-time high in Ethereum Open Interest (ETH value) as traders positioned ahead of the next price move.
'Cash Is Trash': Robert Kiyosaki Doubles Down on Bitcoin, Ethereum and Gold
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today
- Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today.
- In a recent tweet, 'Rich Dad Poor Dad' author Robert Kiyosaki engaged his X followers, asking them to reconsider holding cash as "savings."Kiyosaki began with a question to his followers, asking them what the value of a trillion dollars is.
- "How much is a $trillion?" Kiyosaki asked.This, he answered, saying, "A trillion is a 1 with 12 zeros after it, $1,000,000,000,000," adding that if someone spent $1 every minute, it would take approximately 34,000 years to spend $1 trillion.
- Federal Reserve and Treasury can effectively create trillions of dollars in a very short period of time: "It takes the Fed and US Treasury less than a minute to print $1 trillion.
- "Savers of dollars are losers," he said, adding that "Cash is trash."The "Rich Dad Poor Dad" author has continuously held the belief that fiat currencies lose value over time due to inflation and monetary expansion.
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