Robert Kiyosaki, author of Rich Dad Poor Dad, has renewed his call for investors to buy Bitcoin as protection against inflation and a weakening U.S. dollar. In a post on X, Kiyosaki recommended Bitcoin, gold, silver, and selected real estate, arguing that financial education helps people protect wealth during economic uncertainty instead of keeping excessive savings in cash.
Kiyosaki described the U.S. Treasury’s expanded bond repurchase operations as another form of quantitative easing. He characterized the policy as printing ‘fake money’ and warned that monetary expansion could punish traditional cash savers. The report notes, however, that Treasury bond repurchases differ from Federal Reserve quantitative easing: buybacks are designed to improve market liquidity, manage government cash, and support trading in less liquid securities.
His latest message places Bitcoin within a broader strategy involving scarce assets and income-producing investments. Bitcoin supporters emphasize the asset’s hard cap of 21 million coins as protection against currency debasement, although Bitcoin remains volatile and can suffer substantial losses during difficult market conditions.
Kiyosaki’s confidence remains strong even though several previous Bitcoin predictions missed their deadlines. In June 2024, he predicted Bitcoin would reach $350,000 by August 25, 2024, but that target was not met. He later projected a possible price of $500,000 during 2025 and above $1 million by 2030 or 2035. He has also cited gold at $30,000 and silver at $3,000 in his scarce-asset outlook.
Critics frequently point to these shifting forecasts when assessing his projections, while his latest message focuses more on financial education and wealth preservation than on an immediate price target. Investors are advised to separate the wealth-preservation argument from speculative forecasts and carefully consider the risks of highly volatile digital assets.
