Robert Kiyosaki Reiterates Biggest Crash Warning, Plans to Buy More Bitcoin

CN
12 hours ago

Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has once again reiterated his strong stance on bitcoin amid rising concerns over financial instability. His book has been a global phenomenon, translated into dozens of languages, and widely regarded as a foundational guide in personal finance for millions around the world.

Earlier this week, Kiyosaki warned that the biggest financial crash in history is imminent. He wrote:

America is the biggest debtor nation in history because of the Fed. The biggest crash in history is coming… soon.

He pointed out that in every major crisis, the Federal Reserve responds the same way: by printing more money. From the 1987 market crash to the Covid-19 pandemic and the collapse of Silicon Valley Bank, Kiyosaki argued that the solution has remained unchanged—flooding the economy with fiat currency.

“It’s not a new crisis… It’s the same crisis getting bigger,” Kiyosaki emphasized. On July 20, he added another warning:

Bubbles are about to start bursting. When bubbles bust, odds are gold, silver, and bitcoin will bust too. Good news. If prices of gold, silver, and bitcoin crash, I will be buying.

Reiterating his well-known Rich Dad principle that “savers are losers,” he advised investors to stop saving in what he calls “fake dollars” and instead focus on accumulating gold, silver, and bitcoin.

He also addressed the risks of exchange-traded funds (ETFs). Posting on social media platform X on July 25, Kiyosaki wrote: “Beware of paper. I realize ETFs make investing easier for the average investor… so I do recommend ETFs for the average investor.” He acknowledged that gold, silver, and bitcoin ETFs can be helpful for beginners but offered a strong caution:

An ETF is like having a picture of a gun for personal defense. Sometimes it’s best to have real gold, silver, bitcoin, and a gun.

Kiyosaki urged investors to understand the difference: “Know the differences when it is best to have real and when it’s best to have paper. If you know the differences, and how to use them… you’re better than average. Take care.”

The acclaimed author has consistently referred to bitcoin as “digital gold” and views it as a hedge against the decline of fiat currencies and the dangers of excessive money printing. For Kiyosaki, bitcoin is not just an investment—it is a vital tool for protecting wealth in a world of growing economic uncertainty.

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