Many people share a similar view, including Rich Dad Poor Dad author Robert Kiyosaki, who has frequently cautioned against investing in the U.S. dollar and other fiat currencies, which he labels "fake" money.

Elon Musk Thinks Fiat Currency Is a Scam

The CEO of Tesla and Spacex, Elon Musk, believes that fiat currency is a scam. In a post on social media platform X, user Wall Street Silver shared an image with a question on Sunday: "What's a scam that's so normalized that we don't even realize it's a scam anymore?" Musk replied: "Fiat currency."