Robert Kiyosaki, the author of Rich Dad Poor Dad, said he remains unfazed by price swings in Bitcoin and Ethereum, reiterating that he continues to buy both cryptocurrencies regardless of short-term volatility.
- “Do I care when the price of gold silver or Bitcoin go up or down?” Kiyosaki asks. “No. I do not care.”
- Digital assets, alongside gold and silver, serve as protection against inflation and currency debasement, he argues.
- Kiyosaki’s predictions have often missed on timing.
In a post on X, here’s what the investment guru had to say:
Kiyosaki has long argued that digital assets, alongside gold and silver, serve as protection against inflation and currency debasement. He has repeatedly said price declines do not deter him, framing volatility as a feature rather than a flaw of emerging asset classes.
Critics, however, note that Kiyosaki has a mixed track record when it comes to market timing. Over the years, he has issued frequent warnings about imminent market crashes, financial system failures, and currency collapses—many of which did not materialize on the timelines he projected. Those repeated calls have drawn skepticism from analysts who view his forecasts as directionally thematic but unreliable in the short term.
Even so, Kiyosaki’s broader thesis favoring scarce assets has gained wider acceptance as Bitcoin has matured into a mainstream investment and outperformed many traditional assets over longer time horizons. While his predictions have often missed on timing, his conviction in Bitcoin’s long-term role within the global financial system has remained consistent.
