Robert Kiyosaki, author of the book “Rich Dad Poor Dad”, called on his followers to rethink whether they see cash as a means of savings in his last post on the X platform. Kiyosaki, known for his breakthroughs in the field of financial education, argued that the purchasing power of those who save dollars in particular has eroded over time.
Trillion dollar emphasis
Kiyosaki first asked “How much is 1 trillion dollars?” in his post. posed the question. Then he reminded that this amount consists of 1 followed by 12 zeros, meaning 1,000,000,000,000 dollars. He pointed out the magnitude of the figure, stating that if 1 dollar was spent every minute, it would take approximately 34 thousand years to finish 1 trillion dollars.
While Robert Kiyosaki claimed that the US Federal Reserve and the Treasury could create trillions of dollars in a very short time, he pointed out the effect of this on the purchasing power of those holding cash. According to Kiyosaki, “those who save dollars lose” and “cash is garbage.”
With this example, Kiyosaki claimed that the US Federal Reserve and the Treasury were able to create large amounts of money in a short time. According to him, this situation makes it difficult for those who carry large amounts of cash to protect their wealth. The author has long expressed the opinion that fiat currencies lose value due to inflation and expansion in money supply.
Featured assets
Kiyosaki said that turning to different assets instead of cash should be considered; highlighted gold, silver, Bitcoin and Ethereum. This approach overlaps with alternative investment theses that have frequently come to the fore in inflation hedging discussions in recent years.
However, the picture on the market front is not one-sided. According to analysts, Bitcoin and Ethereum are currently trading at a critical threshold. While the prices of both assets are hovering near bear market bottoms, investors are watching whether a bottom is forming or a new weakening phase is entering.
Critical region for Bitcoin and Ethereum
According to CryptoQuant’s latest analysis, Bitcoin is moving into a zone historically associated with bottom formation. However, the on-chain structure still points to signs of capitulation rather than a clear confirmation of recovery. This reveals that the recovery in price movement alone is not sufficient.
Bitcoin has recovered from a low of around $59,000 on June 5. Still, analysts note that a mere price jump may not mean a transition to a new market regime, and that current signals rather reflect oversold conditions.
A similar view stands out on the Ethereum side. ETH is trading around 67% below its previous historical high and has entered oversold territory.
Mini dictionary: It refers to the total number or value of contracts that have not yet been closed in Open Interest, futures and similar derivative markets. An increase in this indicator may indicate an increased appetite for taking positions in the market; However, it does not give definitive results about the direction on its own.
According to Binance data, Ethereum open position size has recently reached an all-time high. This development indicates that investors are taking positions before the next price movement and that cautious expectations regarding the direction continue.
