Real estate guru Robert Kiyosaki isn’t placing ALL his eggs in the real estate basket. He’s recommending Bitcoin as a way to protect yourself against the death of the dollar. The Rich Dad, Poor Dad author believes that the dollar is going to fail, and when it does, it will “crash the whole economic system.” (1)Hi I’m Kathy Fettke and this is the Real Estate News for Investors. Thanks for joining me and don’t forget to hit the subscribe button for our podcast.Kiyosaki has been tweeting a lot lately about Bitcoin. He just tweeted: “BITCOIN to $50,000. Great news for Bitcoin holders. Bad news for mom and pop. The primary reason I invest in Bitcoin, gold, & silver is because I do not trust our leaders, the Fed, Treasury, nor the stock market. Unfortunately mom and pop who save money do. Take care.”According to Benzinga, he pointed out in an email that “Bitcoin is up over 200% from last year” and that other cryptocurrencies are also up significantly. He asks his readers if that sounds like crypto is dead and says what is going to die is the dollar. He’s even suggesting that the whole economy will go down with it.Outside the Economic SystemHe is suggesting that people protect themself with a form of currency, like Bitcoin, that is “outside the economic system.” But he says it’s important to choose cryptocurrencies that are decentralized, so they cannot be regulated by any government agencies or officials.His book “Rich Dad, Poor Dad” is well-known among real estate investors. It has been a New York Times bestseller and has sold tens of millions of copies in more than 50 languages in more than 100 countries. The book tells the story of two realities — the rich dad who built wealth as an savvy entrepreneur and real estate investor and the poor dad who struggled at a full-time job and never gained financial security.Hard Assets Will Hold ValueKiyosaki encourages financial literacy, and has recommended hard assets, like real estate, along with precious metals, and now cryptocurrencies. These assets would hold their value if the economy does collapse. As Kiyosaki would argue, they would also hold their value much better during times of inflation. (2) And there’s a lot of uncertainty in that department right now. The Consumer Price Index has risen to an annual rate of 5.4%, after another .5% increase in July. (3) If you remove food and energy from the mix, the annual rate of inflation is slightly lower at 4.3%. But that’s still well above the Fed’s target rate of 2% and the economic conditions driving prices higher have not resolved.If you’ve gone shopping for food, or a home, or a car, or gas to put in your car, you’ll have noticed how much prices have risen. The Fed acknowledges that inflation has been more persistent than it expected, but is still expecting prices to settle back down when things like supply chain shortages resolve, the labor market reaches full employment, and the economy gets back to normal.Dollar vs. BitcoinThe government has been printing a lot of money to keep the economy afloat. According to Kiyosaki and many economists, it’s going to be tough to impossible to pay it all back. On the other hand, Bitcoin is limited in supply so it cannot be diluted by making more and more Bitcoin. As the Bicoinist writes “only 21 million BTC can or will ever exist.” That makes it more stable that a currency that can be manufactured at will, like the dollar.This is why Kiyosaki is so big on Bitcoin, and other cryptocurrencies. What’s a good buy-in price? I’m not here to give investment advice, but like any kind of investment, you buy on the dips. Right now Bitcoin is rallying off a recent low. It hit a low point of $31,000 in July and is now approaching the $50,000 mark, once again. (4)Real Estate for Financial StabilityI am not personally recommending Bitcoin as an investment. You’ll have to discuss that with your financial advisor. I am a firm believer in the value of real estate as a way to build wealth. Like Bitcoin and precious