Rich Dad Poor Dad author Robert Kiyosaki has renewed his call for investors to abandon cash holdings, describing them as 'trash' in a June 13 post on X. According to reports from crypto.news, Kiyosaki used a trillion-dollar example to demonstrate how quickly the U.S. dollar loses purchasing power when money supply expands. The author framed the Federal Reserve and U.S. Treasury's ability to create money quickly as a vulnerability for dollar holders, urging followers to consider gold, silver, Bitcoin, and Ethereum as alternative assets.
Kiyosaki's warning comes as Bitcoin traded near $64,569 and Ethereum near $1,674 on June 14, both remaining well below their 2025 cycle highs after a sharp June selloff. As reported by crypto.news, the June crypto crash was driven by multiple pressures including a hawkish Federal Reserve, U.S.-Iran tensions, ETF outflows, and leverage unwind. Bitcoin fell from above $80,000 to below $62,000 during that period, while Ethereum moved toward $1,500.
Recent fund flows continue to show investor caution, with U.S.-listed spot Bitcoin ETFs recording 13 straight trading days of net outflows from May 15 through June 3. According to crypto.news, approximately $4.37 billion left these products during that streak. Ethereum also faced pressure with spot ETH ETFs losing $15.89 million on June 11, extending outflows for three consecutive sessions as geopolitical risk and weak technical structure kept buyers cautious.
Kiyosaki has consistently grouped gold, silver, and Bitcoin as alternatives to fiat money, with his latest post adding Ethereum to this list. As reported by crypto.news, Bitcoin has outperformed gold by roughly 35% to 36% on a relative basis since the start of the 2026 Iran conflict, acting more like a risk-sensitive alternative store of value than a classic crisis hedge. The author's argument aligns with his long-running view that inflation and monetary expansion reduce the value of cash savings over time.
Despite Kiyosaki's endorsement, Bitcoin and Ethereum still need stronger demand, calmer macro conditions, and better fund flows to confirm a steadier recovery. According to crypto.news, market attention continues to rise on growing fear, but stronger demand still requires confirmation from sustained buying activity. The cryptocurrency markets remain under pressure from broader macro stress and continued ETF outflows, requiring fundamental improvements in market sentiment and institutional participation to support sustained recovery.
