Investors have been advised to brace for hyperinflation, and Bitcoin is their best protection, says author of Rich Dad Poor Dad, Robert Kiyosaki.

This 1997 book has remained on the New York Times Best Seller List for more than six years, with over 32 million copies sold in over 109 countries, Bitcoin.com reports.

Kiyosaki said on social media platform X that he was “just in Germany to celebrate 100 years since 1923, the hyperinflation that brought Adolf Hitler to power.”

He went on to say: “Are we about to celebrate hyperinflation too? I hope not. Yet our government leaders are the most incompetent ever.”

The renowned author continued: “Study Germany and Zimbabwe’s hyperinflation and prepare,” adding that “food will always be valuable as will guns, gold, and silver. Yet I believe Bitcoin is your best protection because Bitcoin is people’s money, which means people control the value of Bitcoin, not our leaders.”

Kiyosaki has issued previous warnings about hyperinflation. Back in September, he said on X: “Many people think hyperinflation means prices are going up. It means the exact opposite. Hyperinflation means the purchasing power of your money is going going. Don’t be a loser. Buy gold, silver, & Bitcoin and be a winner, not a loser.”

The author has been advocating gold, silver and Bitcoin for a while now. He previously said that all three investments are best for “unstable times” as he believes they offer “lifelong financial security and freedom.” Back in April Kiyosaki said “America is dying” as he cautioned of the Dollar’s downfall.

Echoing this, former CEO of Twitter Jack Dorsey said in 2021 that hyperinflation will happen soon in the United States and around the world. Whereas venture capitalist Balaji Srinivasan stated in March that hyperinflation is happening now, and economist Peter Schiff said in 2022 that rate hikes from the Federal Reserve risk hyperinflation.