- Kiyosaki favors Bitcoin’s fixed supply over gold’s expandable nature in inflationary times.
- He warns the U.S. dollar is rapidly losing value amid global financial instability.
- A major crash may be near, but Kiyosaki sees it as a chance to acquire assets at low prices.
Robert Kiyosaki, the author of the bestselling book “Rich Dad Poor Dad,” has once again emphasized his strong preference for Bitcoin over traditional assets like gold and silver. He points to Bitcoin’s fixed supply and its resistance to inflationary manipulation as decisive advantages.
In a recent post on X, Kiyosaki emphasized that Bitcoin’s capped supply of 21 million coins makes it very different from precious metals, which can still be mined as prices rise.
Bitcoin’s Fixed Supply: A Key Advantage Over Gold and Silver
Kiyosaki, who also invests in gold and silver, noted a critical distinction: more gold and silver can always be mined if prices make it economical. He contrasted this directly with Bitcoin, which has a permanently fixed supply. This characteristic, Kiyosaki argues, makes Bitcoin immune to supply increases from central bank policies or expanded mining efforts, unlike traditional commodities.
Related: Robert Kiyosaki Sounds Alarm on Global Economy, Champions Bitcoin
This inherent scarcity, according to Kiyosaki, is a primary reason Bitcoin serves effectively as a hedge against inflation and the debasement of fiat currencies. As traditional currencies face mounting pressures from global economic instability and government spending, he contends that Bitcoin’s unchangeable supply offers a reliable store of value.
Warnings on U.S. Dollar Decline and Broader Market Instability
Kiyosaki’s recent emphasis on Bitcoin aligns with his ongoing warnings about the diminishing strength of the U.S. dollar. He has been advising investors to acquire Bitcoin as a means to preserve their purchasing power, asserting that the dollar is being “wiped out.”
In an April 13 post on X, he pointed to three market indicators reflecting systemic stress: soaring gold prices, surging silver demand, and the continued upward movement of Bitcoin.
“Are you listening?” he asked his followers, referencing gold’s record highs and Bitcoin’s recent market performance as signals that should not be ignored.
Predicting a “Giant Crash” and Seeing Opportunity in Crisis
Expanding on his concerns, Kiyosaki has warned that current positive market conditions might be concealing a much larger, impending financial breakdown. He described the situation as the potential arrival of a “giant crash,” citing rising unemployment and pervasive economic uncertainty as indicators of what he terms a “New Great Depression.”
Related: Robert Kiyosaki: Bitcoin is the Answer as Financial Collapse and US Recession Begin with $6.4T Loss
While discussing such crises, Kiyosaki used a hypothetical scenario, asking how people might react if Bitcoin’s price suddenly dropped to $300, implying it could test investor conviction. However, he also consistently notes that financial crashes have historically presented significant opportunities for savvy investors to acquire valuable assets at deeply discounted prices, drawing parallels to the investment environment during the 2008 financial crisis.
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