Robert Kiyosaki, the best-selling author of ‘Rich Dad Poor Dad’, has again thrown his weight behind Bitcoin (BTC), now recommending increased accumulation of the digital asset.
According to the investor, he is not only holding the cryptocurrency but is actively buying more as the asset trades above the crucial $100,000 spot, he said in an X post on May 17.
Kiyosaki believes Bitcoin will surge to $250,000 this year, doubling down on his prediction amid what he describes as a collapsing global financial system. For the long term, he sees BTC hitting $1 million.
The financial educator warned that the “Marxist Central Bank system” is unraveling, arguing that alternative commodities such as gold, silver, and Bitcoin will thrive as fiat currencies and traditional institutions lose credibility and stability.
His renewed Bitcoin endorsement follows months of broader support for hard assets. Earlier, as reported by Finbold, Kiyosaki had expressed strong interest in silver, calling it the most undervalued investment opportunity on the market.
He highlighted silver’s current prices, still significantly below its historical highs, as a rare chance for individuals with limited capital to begin building wealth.
Kiyosaki on why Bitcoin is better than gold
While gold has already reached new highs and Bitcoin continues to gain institutional momentum, Kiyosaki maintained that Bitcoin’s fixed supply of 21 million coins sets it apart.
Unlike gold or silver, which can be mined in larger quantities when prices rise, Bitcoin’s scarcity is absolute, reinforcing its long-term value.
Although Kiyosaki owns gold, silver, and oil-producing assets, he views Bitcoin as the purest hedge against inflation and central bank mismanagement.
“One reason why I trust Bitcoin is there are only to ever be 21 million. I own gold and silver mines and oil wells. If the price of gold, silver, or oil goes up, I will simply mine or drill for more, expanding supply,” he said.
It’s worth noting that the investor has warned of an impending economic crash for years, one he believes is already underway. In response, he continues to champion alternative assets as the ideal means of preserving and protecting wealth in an increasingly unstable financial world.
Featured image via Ben Shapiro’s YouTube
